Invesco CEO on Private Assets, QQQ Growth and Nasdaq Partnership

Summary

Invesco CEO Andrew Schlossberg discusses the QQQ's conversion to an open-ended ETF, its continued dominance as a bellwether for US large-cap growth, and the firm's focus on innovation, clarity, and delivery. He also covers private markets demand, the firm's partnership with Nasdaq, and Invesco's strong flows and earnings growth.

• Invesco CEO Andrew Schlossberg says clients are leaning into volatility and getting more personalized with portfolios.
• The QQQ ETF holds ~$450 billion in assets and remains a key US bellwether after its conversion to open-ended structure.
• Schlossberg is unconcerned about new competition for Nasdaq 100 licensing, citing QQQ's brand and liquidity.
• Invesco continues to invest heavily in the QQQ franchise, including a $100 million marketing commitment.
• Private markets are seeing growing demand from wealth and retirement clients, especially in 401(k) plans.
• Invesco reported $20 billion in net new flows for April and $150 billion over the last 18 months.
• The firm is simplifying its business around five key priorities and returning capital to shareholders.
• Schlossberg highlights Invesco's diverse business across active, passive, public, private, and international markets.