Invesco Reports Results for the Three Months Ended March 31, 2017

ATLANTA, April 27, 2017

"Our continued focus on delivering strong investment performance to clients helped us achieve positive long-term net inflows of $1.8 billion during the quarter and an adjusted net income growth of 4.3% quarter over quarter," said Martin L. Flanagan, president and CEO of Invesco.  "Based on the strong fundamentals in our business, we're increasing our quarterly dividend to $0.29 per share, which represents a 3.6% increase over the prior year."

The company also announced that it has entered into a definitive agreement to acquire Source, a leading, independent specialist provider of exchange-traded funds (ETFs) based in Europe.  The transaction includes approximately $18 billion in Source-managed AUM, plus approximately $7 billion of externally managed AUM (as of March 31, 2017).  The acquisition brings additional talent and a broad array of funds that further expand the depth and breadth of Invesco's active, passive and alternative capabilities and expertise, enhancing the firm's ability to help clients achieve their investment objectives.

"We're excited about this opportunity to build on Invesco's 40 years of factor investing experience and our existing PowerShares ETF business, which will significantly enhance our ability to deliver meaningful solutions to institutional and retail clients in Europe and around the world," said Martin L. Flanagan, president and CEO.  "The addition of Source will help us meet increasing demands from clients who want to work with investment organizations that can deliver across the full range of investment capabilities and support the outcomes they seek."

The transaction, deemed not material to the company's financial position, will be funded with available cash.  It is expected to close in the third quarter of 2017, subject to regulatory approval.