Invesco to Buy Oppenheimer Funds in $5.7 Billion Active Management Bet

The transcript discusses the merger between Invesco and Mass Mutual, highlighting the challenges of combining companies, particularly in terms of culture and integration. It also explores the strategic shift of Invesco towards active management, despite the trend of passive investment, to diversify income and prepare for market volatility.

What is the significance of Mass Mutual becoming a shareholder in the deal?

What challenges might arise when combining two large firms according to the discussion?

What factors were considered important in previous deals according to the conversation?

How does Invesco plan to differentiate its strategy in the active management space?

Why is there a belief that active management is becoming more relevant in the current market?