Invesco’s CEO Sees Opportunity in China, Risk in Bitcoin and SPACs

Martin Flanagan, head of the $1.3 trillion money manager since 2005, talks about how the pandemic has changed business.

Martin Flanagan, president and chief executive officer of Invesco Ltd., speaks at the Bloomberg Invest Summit in New York.

Photographer: Demetrius Freeman/Bloomberg

Invesco Ltd. runs more than $1.3 trillion, including the giant QQQ exchange-traded fund tracking the Nasdaq 100. CEO Martin Flanagan still sees a growth opportunity in China—and a big risk in Bitcoin.

● Has run the Atlanta-based fund company since 2005 ● Previously served as co-CEO of Franklin Resources Inc. ● During Flanagan’s tenure, Invesco has acquired the PowerShares and Guggenheim ETF businesses and the OppenheimerFunds and Van Kampen fund families

Who’d have imagined having 99% of your workforce working from home? But how we interact with clients is forever changed. We’ll see clients in person going forward, but digital engagements have really changed the game.