Why Invesco Sputtered in 2019 -- and Where it Goes From Here
A strong stock market like the one we saw in 2019 is generally good news for asset management firms, which invest for their clients.
But not all asset managers took advantage of those tailwinds, including Invesco (NYSE: IVZ). Now the sixth-largest money manager in the U.S., Invesco was one of the worst-performing stocks in the sector, returning just 7.4% last year -- well below the sector average.
What factors caused the Atlanta-based firm to underperform in 2019? And where does the stock go from here?
Source Fool.com
