Unidentified Company Representative: This presentation and comments made in the associated conference call today may include forward-looking statements. Forward-looking statements include information concerning future results of our operations, expenses, earnings, liquidity, cash flow and capital expenditures, industry or market conditions, AUM, acquisitions, debt and our ability to obtain additional financing or make payments, regulatory developments, demand for and pricing of our products, and other aspects of our business or general economic conditions.
In addition, words such as believes, expects, anticipates, intends, plans, estimates, projects and future or conditional verbs such as will, may, could, should, and would as well as any other statement that necessarily depends on future events, are intended to identify forward‐looking statements.
Forward‐looking statements are not guarantees and they involve risks, uncertainties and assumptions. There can be no assurance that actual results will not differ materially from our expectations. We caution investors not to rely unduly on any forward‐looking statements and urge you to carefully consider the risks described in our most recent Form 10‐K and subsequent Forms 10-Q filed with the Securities and Exchange Commission. You may obtain these reports from the SEC's website at www.sec.gov. We expressly disclaim any obligation to update the information in any public disclosure if any forward-looking statement later turns out to be inaccurate.
Operator: Welcome to Invesco's Third Quarter Results Conference Call. All participants will be in a listen-only mode until the question-and-answer session (Operator Instructions). Today's conference is being recorded, if you any objections, you may disconnect at this time.
Now, I would like to turn the call over to the speakers for today, Mr. Martin L. Flanagan, President and CEO of Invesco; and Mr. Loren Starr, Chief Financial Officer.
Mr. Flanagan, you may now begin.
Martin L. Flanagan - President and CEO: Good morning, and thank you everybody for joining us today. This is Martin Flanagan along with Loren Starr as was just pointed out. Loren and I will be speaking through the presentation that's available on our website, if you're still inclined to follow along.
What we'll do today is, I'll highlight the business results and we'll spend a few minutes just on current update of the combination with Morgan Stanley campaign, the combination that we just closed in June. Then Loren will go in a greater detail on the financials and then finally we'll open up to Q&A.
So those that are inclined to follow on, I am going to start on page 2 of the presentation deck.
So if you look at the quarter in spite of the continued volatility that we saw in the markets Invesco's commitment to invest in excellence really did yield a strong quarter with continued strong investment performance across the enterprise it remained very strong and with some arrays of the exceptional performance. The strong investment performance contributed to a continued trend of positive long term inflows into the organization.