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Rocky Mountain High: Sector Funds Propel Invesco to Forefront
Like the snow, the money keeps falling on Denver.
Not only has Janus become the Mile High City's cash magnet, surpassing giants like Fidelity and Vanguard, but recently Invesco has nudged its way into the limelight, too.
That's not to say the No. 22 fund company's $40 billion in assets is in a league with No. 5 Janus' $210 billion, but investors are starting to take notice of Invesco's lineup of sector funds, which come with looser restrictions on active trading than some others. ...
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