Probably the best-known listed asset manager in the world is Blackrock. The company has great key figures and is in my portfolio. Unfortunately, however, the valuation is currently a bit high. With a P/E ratio of 23, the stock is trading well above its 15-year average of 19.

But even apart from Blackrock, there are some interesting investment opportunities from the asset manager sector. Besides State Street, one of them is Invesco. The original company was founded back in 1935. Today, the company employs about 7,000 people in 25 countries. Assets under management currently stand at $1.5 trillion, which is an increase of more than 25% over the previous year.

Invesco is particularly active in China. The asset management industry there currently has about $3.5 trillion in assets under management. This is expected to rise to over $6 trillion by 2025.

Invesco is dutifully smaller compared to Blackrock. Its market capitalization is about $10.5 billion (compare Blackrock: $136 billion). The expected P/E ratio for 2022 is about 7, and the current dividend yield is over 3%.

I will watch the stock more closely in the future and possibly take an initial position.