Observatory · observe first

Follow the allocation change

Matched S&P 500 members → sector → industry → sub-industry → company. Each step uses the same percentage points.

Historical time machine

Historical observation

20182026

Universe›Financials›Asset Management & Custody Banks›Asset Management & Custody Banks

1 · Sector

Weight and 12M allocation change

Information Technology18.1%+8.41 pp Financials16.5%+6.93 pp Health Care16.8%+6.27 pp Industrials13.7%+6.24 pp Consumer Staples8.8%+3.60 pp Communication Services5.3%+3.22 pp Materials3.2%+1.80 pp Utilities3.7%+1.59 pp Real Estate3.6%+1.58 pp Energy3.4%+1.00 pp Consumer Discretionary7.0%-40.65 pp

2 · Industry

Inside Financials

Diversified Banks6.60%+2.44 pp Transaction & Payment Processing Services2.55%+1.51 pp Financial Exchanges & Data1.06%+0.52 pp Property & Casualty Insurance1.12%+0.47 pp Investment Banking & Brokerage1.16%+0.44 pp Consumer Finance0.85%+0.33 pp Life & Health Insurance0.76%+0.29 pp Asset Management & Custody Banks0.84%+0.28 pp Insurance Brokers0.60%+0.27 pp Regional Banks0.56%+0.19 pp Multi-line Insurance0.35%+0.15 pp Reinsurance0.06%+0.03 pp Multi-Sector Holdings0.00%+0.00 pp

3 · Sub-industry

Inside Asset Management & Custody Banks

Asset Management & Custody Banks0.84%+0.280 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Asset Management & Custody Banks · weight

0.84%

Industry change · 12M

+0.28 pp

Asset Management & Custody Banks · contribution

+0.280 pp

Company participation

57%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Nov 2019 · sorted by absolute contribution to 12-month change

Company	Country	Market cap	Universe weight	3M contribution	12M contribution	12M price return	Above 6M weight average
T. Rowe Price → TROW	United States	$28.9bn	0.145%	+0.004 pp	+0.066 pp	+28.0%	Yes
BNY Mellon → BNY	United States	$45.2bn	0.228%	+0.012 pp	+0.059 pp	-2.2%	No
State Street Corporation → STT	United States	$27.3bn	0.138%	+0.034 pp	+0.046 pp	+6.2%	Yes
Ameriprise Financial → AMP	United States	$20.8bn	0.105%	+0.013 pp	+0.045 pp	+29.7%	Yes
Northern Trust → NTRS	United States	$22.7bn	0.114%	+0.012 pp	+0.041 pp	+11.0%	Yes
Invesco → IVZ	United States	$8.0bn	0.040%	+0.000 pp	+0.012 pp	-7.7%	No
Franklin Resources → BEN	United States	$13.7bn	0.069%	-0.003 pp	+0.011 pp	-16.1%	No

Company contributions use weights among matched S&P 500 members and add through each level without rescaling. Companies without matched shares and prices are omitted. These observations do not establish official index weights or actual fund flows.