Taking a look at the summary results for the quarter. Assets under management ended the quarter at $672 billion versus $625 billion at the end of 2011. Invesco continued to generate a strong long-term investment performance for our clients during the quarter, which contributed to the net long-term inflows of $7 billion. This further extended the positive trend that we've demonstrated over the last several quarters.Operating income rose to $269 million versus $256 million in the fourth quarter last year. The operating margin was 36.6% during the first quarter, again, expanding over the fourth quarter operating margin of 35.8%.
Invesco's CEO Discusses Q1 2012 Results - Earnings Call Transcript
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