Invesco Ltd, which oversees the PowerShares line of exchange-traded funds, said on Thursday that second-quarter profit jumped 35.5 percent as strong markets boosted assets under management. Net profit rose to $274.5 million, or 63 cents per share, from $202.6 million, or 45 cents per share, a year earlier. Excluding discontinued operations from the sale of its Atlantic Trust business and other one-time items, Atlanta-based Invesco earned 65 cents per share. Analysts, on average, expected profit of 59 cents, according to Thomson Reuters I/B/E/S. Invesco ended the quarter in June with $802.4 billion in assets under management, up $15.1 billion from the end of March. Net long-term outflows at Invesco were $6.9 billion for the quarter, pressured by a single client withdrawal of $13.1 billion, after the company lost a contract to manage funds for wealth manager St. James's Place. Much of the money that left with St. James's Place is following Neil Woodford, a longtime Invesco