(Bloomberg) - Invesco Ltd. (IVZ), owner of the Invesco, Van Kampen and PowerShares funds, said first-quarter profit rose 15 percent as record client deposits lifted assets.
Net income increased to $222.2 million, or 49 cents a share, from $193.9 million, or 43 cents, a year earlier, Atlanta-based Invesco said yesterday in a statement. Excluding certain items, earnings of 52 cents a share beat the 47 cents-a- share average estimate of 20 analysts in a Bloomberg survey.
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