|
Revenue from Related Parties
Revenue for services provided by the Company to these and other related parties are as follows:
|
(in millions) |
|
2020 |
|
|
2019 |
|
|
2018 |
|
|
Investment advisory, administration fees and securities lending revenue(1) |
|
$ |
9,079 |
|
|
$ |
8,323 |
|
|
$ |
8,226 |
|
|
Investment advisory performance fees(1) |
|
|
301 |
|
|
|
131 |
|
|
|
112 |
|
|
Technology services revenue(2) |
|
|
4 |
|
|
|
9 |
|
|
|
9 |
|
|
Advisory and other revenue(3) |
|
|
19 |
|
|
|
59 |
|
|
|
65 |
|
|
Total revenue from related parties |
|
$ |
9,403 |
|
|
$ |
8,522 |
|
|
$ |
8,412 |
|
|
(1) |
Amounts primarily include revenue from registered investment companies/and equity method investees. |
|
(2) |
Amounts primarily include revenue from PNC and affiliates. |
|
(3) |
Amounts primarily include revenue from equity method investees. |
|