BUZZ-Invesco up after Q2 profit rises

Reuters07-23

** Shares of Invesco rise 1.2% to $16.7

** IVZ reports a rise in Q2 profit, as a stock market rally has helped lift assets' value and related commission earned by the money manager

** Invesco's investment management fees, the firm's chief revenue source, rises to $1.07 billion from $1.03 billion in the year-ago period

** Excluding one-time costs, the company earned $196.2 million, or 43 cents per share, compared with $144.4 million, or 31 cents per share, a year ago

** Including session's move stock is down 8% YTD

(Reporting by Jaiveer Singh Shekhawat in Bengaluru)

((JaiveerSingh.Shekhawat@thomsonreuters.com;))

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