What Led to Rise in Invesco’s Total Assets under Management?
Invesco Limited (IVZ) is expected to witness a rise in its base fees primarily because of the uptrend in the total assets under management (or AUM). The acquisition of Guggenheim primarily helped Invesco’s April 2018 AUM. Compared to the first quarter, the second quarter will likely be better for asset managers (XLF) like State Street (STT), T. Rowe Price (TROW), and BlackRock (BLK) primarily because of the market’s performance.