Business
Business

Invesco profits rise on market gains

By Scott Trubey
Nov 1, 2012

Atlanta-based investment giant Invesco reported improved third quarter earnings Thursday as stronger market returns helped the company grow its assets under management.

Operating revenue grew 4.4 percent to $1.04 billion, helped in part by improved investment management fees. Net income to common shareholders was $170.6 million, or 38 cents per share, compared to $166.9 million, or 36 cents per share in third quarter 2011.

Invesco ended the quarter with $683 billion in assets under management, up 14 percent from the year-ago quarter, and up 5.6 percent from the end of second quarter 2012.

About the Author

Scott Trubey
More Stories

Keep Reading

BioTouch, a company that manufactures medical testing kits, announced an expansion to its Columbus operations in December 2025. This is a courtesy photo of BioTouch's sample collection products. (Courtesy of BioTouch)

Credit: Courtesy of BioTouch

Medical company announces expansion in Columbus with 480 jobs

A medical logistics company that makes health care kits announced an expansion plan for its Columbus operations, which will add 480 new jobs to the region.

What you need to know about the Netflix bid to buy Warner Bros. Discovery

The blockbuster deal, totaling about $72 billion, will create a combined portfolio of many of Hollywood’s best known properties.

AI is reshaping fintech jobs. Georgia is building the talent to match.

Financial technology is the backbone of commerce and a pillar of Georgia’s economy, and it’s one that could be disrupted by artificial intelligence.

The Latest

A new kind of hybrid, called e-Power, is coming to the U.S. from Nissan. Courtesy of Nissan

Credit: Courtesy of Nissan

OPINION

Nissan’s e-Power: An EV driving experience, fueled by gas

OPINION

December car sales are good but not magic

In the market for a luxury vehicle? You might reconsider Lincoln.

Featured

Ceudy Gutierrez reads a book to her 2-year-old son, Matias, at their home in Buford, GA, on Tuesday, Nov. 18, 2025. Ceudy Gutierrez is struggling to make ends meet for herself and her three young kids following her husband’s ICE arrest earlier this fall. (Miguel Martinez/ AJC)

Credit: Miguel Martinez-Jimenez

When ICE takes breadwinners, it takes a toll on families ... and on the economy

For immigrant families, brushes with ICE can result in financial precarity that could have implications for the broader economy.

‘I’m a bad kid,’ he told himself. How Georgia’s special ed program failed one child.

Parents find that it's easy to get into the GNETS program, but in some districts, difficult to leave.

‘A lot of blame, but not enough action’: Atlanta leaders lack path to fix jail

Stakeholders across Atlanta and Fulton County grapple with a complex web of issues that contribute to overcrowding, crumbling structure.