Atlanta, April 28, 2016 --- Invesco Ltd. (NYSE: IVZ) today reported financial results for the three months ended March 31, 2016.
“During a challenging time for the industry, Invesco’s net revenues declined 11% year over year,” said Martin L. Flanagan, president and CEO. “During the quarter, Invesco remained focused on delivering strong, long-term investment performance while running a disciplined business. Total adjusted operating expenses declined nearly 6% year over year, and we further enhanced the efficiency of our global operating platform by expanding resources in our global shared service centers. Reflecting our continued confidence in the strength of our global business, we are raising our quarterly dividend 3.7% to 28 cents per share.”