Invesco Hired New ETF Capital Markets Chief

Invesco added a new leader to oversee trading efficiency for its major ETFs, which hold $751 billion in assets.

Updated on Sept. 24, 2026 in Investing

Isometric editorial illustration showing two perfectly aligned metallic geometric prisms in a balanced, clean space. — Invesco has named Tim Clavin, a veteran of Vanguard and BlackRock, as its new Head of ETF Capital Markets for the Americas to oversee fund trading efficiency. AI Illustration. Upload story photo >

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In September 2026, Invesco appointed Tim Clavin as its Head of ETF Capital Markets for the Americas. This team works directly with trading firms to ensure that ETF share prices remain closely aligned with the underlying value of the assets the funds hold.

Why it matters

Capital markets teams manage the complex trading mechanics that help minimize price gaps between what a fund is worth and what investors pay for shares. For households, efficient market operations mean getting fairer prices when buying or selling popular index funds.

Invesco oversees $751 billion across its five largest ETFs, including the QQQ ETF, which manages $501.5 billion in assets. With funds like the 0.15% expense ratio QQQM and the 0.18% expense ratio QQQ, trading volume remains high, as seen in the 37.2 million shares traded daily for QQQ.

The players

Tim Clavin

The new Head of ETF Capital Markets for the Americas at Invesco who previously worked at The Vanguard Group and BlackRock.

Invesco

A global investment management firm that offers a wide range of exchange-traded funds, including popular options like QQQ and RSP.

The details

Capital markets teams facilitate the creation and redemption process, where authorized participants exchange assets for ETF shares to keep pricing accurate. By maintaining these relationships with market makers, the firm ensures investors can enter or exit positions without significant price slippage. The new lead brings nearly 10 years of experience from The Vanguard Group and two years from BlackRock to this role.

September 2026: Tim Clavin began his new role at Invesco.

Money Landscape

As ETF assets continue to grow, firms are increasingly focused on the mechanics of share price efficiency. This appointment follows a pattern set by the industry's rapid expansion, which requires deeper expertise to manage liquidity for products like the QQQ and RSP ETFs.

While leadership changes behind the scenes do not directly impact your account balance, they reflect the firm's focus on maintaining trade efficiency. You may want to review the expense ratios of any ETFs you hold to ensure they remain consistent with your long-term financial plan.

The takeaway

The appointment highlights the operational focus required to manage funds that move hundreds of billions of dollars. If you hold these products, periodically confirm that your fund's expense ratio and performance align with your target goals and discuss any changes with a financial professional.