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

Financials14.2%+1.72 pp Information Technology28.5%+1.35 pp Consumer Discretionary7.8%+0.98 pp Energy2.5%+0.82 pp Materials3.2%+0.05 pp Real Estate3.2%+0.01 pp Health Care16.5%-0.40 pp Utilities3.0%-0.41 pp Communication Services3.9%-1.00 pp Consumer Staples7.0%-1.51 pp Industrials10.2%-1.61 pp

2 · Industry

Inside Financials

Diversified Banks5.05%+1.07 pp Transaction & Payment Processing Services2.08%-0.56 pp Investment Banking & Brokerage1.49%+0.54 pp Consumer Finance0.76%+0.18 pp Insurance Brokers0.69%+0.15 pp Asset Management & Custody Banks0.75%+0.13 pp Financial Exchanges & Data1.19%+0.10 pp Regional Banks0.46%+0.09 pp Property & Casualty Insurance0.89%-0.06 pp Life & Health Insurance0.53%+0.04 pp Multi-line Insurance0.25%+0.04 pp Reinsurance0.03%-0.00 pp Multi-Sector Holdings0.00%+0.00 pp

3 · Sub-industry

Inside Asset Management & Custody Banks

Asset Management & Custody Banks0.75%+0.127 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Asset Management & Custody Banks · weight

0.75%

Industry change · 12M

+0.13 pp

Asset Management & Custody Banks · contribution

+0.127 pp

Company participation

71%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Oct 2021 · 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	$48.7bn	0.163%	+0.004 pp	+0.027 pp	+77.9%	Yes
BNY Mellon → BNY	United States	$51.1bn	0.171%	+0.017 pp	+0.027 pp	+77.0%	Yes
Ameriprise Financial → AMP	United States	$34.4bn	0.115%	+0.012 pp	+0.023 pp	+91.6%	Yes
State Street Corporation → STT	United States	$36.0bn	0.120%	+0.018 pp	+0.022 pp	+71.8%	Yes
Invesco → IVZ	United States	$11.7bn	0.039%	+0.001 pp	+0.011 pp	+99.7%	No
Franklin Resources → BEN	United States	$15.8bn	0.053%	+0.002 pp	+0.009 pp	+74.5%	No
Northern Trust → NTRS	United States	$25.6bn	0.085%	+0.005 pp	+0.008 pp	+61.4%	Yes

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.