About Our Contributors
Virginia Au | Brent Bates | Richard Batty | Jason Bloom | Thomas Boccellari | Laurie Brignac | Steve Cao | Paul Chan | Ido Cohen | Sean Connery | Paul Curbo | Christopher Dahlin | Walter Davis | Matthew Dennis | R. Scott Dennis | Juliet Ellis | Borge Endresen | Craig Falduto | Jeff Feng | John G. Feyerer | Tracy Fielder | Carolyn Gibbs | Mark Gilley | John Greenwood | Jacob Habibi | Andrew Hall | J. Clint Harris II | Juan Hartsfield | Jeffrey Hemker | Kevin Holt | Jason Holzer | Darren Hughes | Mark Jason | Greg Jenkins | Marie Jordan |David Jubb | Nick Kalivas | Karen Dunn Kelley | Mike Kelley | Bernhard Langer |Stephanie Larosiliere | Andrew Laster | Janet Luby | Norman MacDonald | Joseph Madrid | Kenneth Masse | Michael McHugh |Greg McGreevey | David Millar | Glen Murphy |Nick Mustoe | Eric Nelmark |Sean Newman | Duy Nguyen | Richard Nield | Stu Novick | Clas Olsson | Tim O’Reilly | Shaun Peters | Jalil Rasheed | Rashique Rahman | Greg Rawls | Scott Roberts | Joe Rodriguez | Wilbur L. Ross, Jr. | Thomas Rowley | Chandrashekhar Sambhshivan | Ted Samulowitz | Mike Shiao | Lucas Simmons | Ron Sloan | Danielle Singer | Walter Stabell | Rob Stabler | Bixby Stewart |Derek Taner | Jack Tierney | David Todd | Nick Tolchard | Stephen J. Toy | Jason Trujillo | Darin Turner | Mark Uptigrove | Raymund Uy | Jon Vogler | Erik Voss | Robert Waldner | Meggan Walsh | Betsy Warrick | Donna Chapman Wilson | Scott Wolle | Tony Wong | William Yuen |Clayton Zacharias
Virginia Au is a portfolio manager on the Small-Cap Equity team at Invesco.
Ms. Au joined Invesco in 2006 as an investment analyst, supporting the small-cap investment team. She has been in the industry since 2003 and previously worked as a research associate at Pembroke Management. She also interned as an equity research analyst at CIBC World Markets and Connor, Clark & Lunn Investment Management. Additionally, she was a member of the UBC Portfolio Management Foundation — a post-secondary school program in which select students are given responsibility for managing a $2.5 million endowment fund.
Ms. Au earned a BComm degree with honors from the University of British Columbia, specializing in finance. She is a CFA charterholder.
Brent Bates is a senior portfolio manager with the Invesco International Growth team, focusing on large- and mid-cap Asia Pacific and Latin American equities.
Mr. Bates entered the industry in 1996 as a mutual fund accountant with Invesco. He was promoted to analyst on the Quantitative Analysis team in 1998 and joined the US Multicap Growth team as an equities analyst in 2002. Mr. Bates joined the International Growth team as an equities analyst in 2005 and was promoted to senior analyst in 2007. He assumed his current role as a portfolio manager in 2011.
A native of Houston, Mr. Bates earned a BBA from Texas A&M University. He is a Certified Public Accountant (CPA) and a CFA charterholder.
CPA® and Certified Public Accountant® are trademarks owned by the American Institute of Certified Public Accountants. This firm is not a CPA firm.
Richard Batty joined Invesco Perpetual in March 2013 and serves as a fund manager for the Multi Asset team.
Previously, Mr. Batty had worked at Standard Life Investments since 2003, where he was the global investment strategist for the Strategy team, which is now part of Standard Life’s Multi Asset Investing team. While there, he gained additional responsibilities for Global Tactical Asset Allocation in 2012. Prior to joining Standard Life Investments, he began his investment career at James Capel/HSBC as an equity strategist in 1995. During this part of his career, Mr. Batty became a highly rated, senior member of the company’s industry-renowned Economics and Strategy group.
In 1994, Mr. Batty was awarded a PhD in financial economics from Brunel University, where he was a part-time research assistant and taught both graduate and undergraduate students.
Note: Not all products managed by Invesco Perpetual are available to US investors.
Invesco Perpetual is a business name of Invesco Asset Management Limited (IAML), an investment adviser. Invesco Distributors, Inc., Invesco Advisers, Inc. and IAML are each indirect, wholly owned subsidiaries of Invesco Ltd.
Jason Bloom is the Director of Commodities and Alternatives Product Strategy for Invesco PowerShares. Mr. Bloom leads the Alternatives Product Strategy Team and is responsible for delivering the team’s macro views on commodities, alternatives and portfolio construction guidance. He joined Invesco PowerShares in 2015.
Prior to joining Invesco PowerShares, Mr. Bloom served as an ETF strategist for six years with Guggenheim Investments and later River Oak ETF Solutions. Previously, Mr. Bloom spent seven years as a professional commodities trader specializing in arbitrage strategies in both the energy and US Treasury markets.
Mr. Bloom earned a BA degree in economics from Gustavus Adolphus College in 1994, and a JD from the University of Iowa College of Law in 1999.
Thomas Boccellari is a Fixed Income Product Strategist for Invesco PowerShares Capital Management LLC, a registered investment adviser that sponsors the PowerShares family of exchange-traded funds (ETFs).Invesco PowerShares is Leading the Intelligent ETF Revolution®, a new generation of ETFs.
In his role, Thomas works on researching, developing product-specific strategies and creating thought leadership to position and promote Invesco PowerShares’ fixed income product line. He joined Invesco PowerShares in 2015. Prior to joining Invesco PowerShares, Thomas served as a fixed income strategy analyst with Morningstar where he created thought leadership for the fixed income and ETF markets. Prior to that, he was an investment analyst with Valens Securities where he was responsible for analyzing global equity and fixed income investments. Thomas started his career in financial services with Credit Suisse as a research analyst.
Thomas has been quoted in numerous publications, including The Wall Street Journal, Kiplinger’s and Bloomberg. Thomas earned a B.S. in Mechanical Engineering from Northeastern University.
Laurie Brignac is Head of Global Liquidity Portfolio Management for Invesco Fixed Income, and is responsible for providing senior management oversight of liquidity products in the US, EMEA and Asia Pacific regions.
Ms. Brignac has been in the investment business since 1989. She joined Invesco in 1992 as a money market trader and was promoted to investment officer in 1994 and senior portfolio manager in 2002. Her duties have expanded to include all forms of short-term fixed income products, including money market and short-duration products. Ms. Brignac has served as a member of the Tri-Party Repo Infrastructure Reform Task Force and participates in various industry committees both in the US and globally. Prior to joining Invesco, Ms. Brignac was a sales assistant for HSBC Securities Inc. She began her career as a money market trader responsible for managing the Fed position at Premier Bank in Baton Rouge, Louisiana.
Ms. Brignac earned a BS degree in accounting from Louisiana State University. She is also a CFA charterholder and holds the Series 7 and 79 registrations.
Steve Cao is a senior portfolio manager for Invesco international/global growth strategies.He began his investment career in 1993 as an international equity analyst specializing in Asian securities at Boatmen’s Trust Co. In 1997, he joined Invesco and continued as an international equity analyst with a focus on Asia and Latin America until assuming his present duties in 1999.
A native of Tianjin, China, Mr. Cao earned a Bachelor of Arts degree in English from the Tianjin Foreign Language Institute and an MBA from Texas A&M University.
He is a Certified Public Accountant (CPA) and a CFA charterholder.
Paul Chan is a portfolio manager with Invesco.
Mr. Chan entered the industry in 1990 and joined Invesco in 2001 as an investment director and head of Hong Kong Pensions. Previously, he was deputy regional director at AIGIC (Asia) Limited, where he managed regional portfolios and chaired the regional stock selection committee. Prior to that, he held positions with William Mercer Limited (Singapore), Morgan Stanley Asset Management (Singapore) and Merrill Lynch Asset Management (Hong Kong) Limited.
Mr. Chan earned a BS degree in economics from the University of Manitoba. He is a CFA charterholder.
Ido Cohen is a portfolio manager for Invesco large-cap growth equity strategies and is lead manager for Invesco leisure products. He joined the company in 2010.
Prior to joining Invesco, he was a vice president at J&W Seligman Investments from 2007 to 2010, where he worked as a senior analyst focusing on information technology, media and telecommunications equities.
Mr. Cohen began his investment career in 1997 as a high yield research analyst with Banker’s Trust focusing on the telecommunications industry. In 1999, he joined Credit Suisse’s US equities telecommunications research team; he went on to become a senior analyst and co-head of the team in 2004. In 2006, Mr. Cohen joined an investment team focused on technology, media and telecommunications at Diamondback Capital, and then in 2007 he joined J&W Seligman’s growth team.
Mr. Cohen is a cum laude graduate of The Wharton School of the University of Pennsylvania with a BS degree in economics.
Sean Connery is Lead Portfolio Manager for a number of European and Global institutional mandates and is responsible for decisions pertaining to bond duration and currencies in Japan and the UK.
Mr. Connery joined Invesco in May 1997. He has served as a client administrator and team manager in Institutional Client Services and as a business analyst in IT. He joined the fixed income investment team in 2006.
Mr. Connery is a graduate of the Institute of Credit Management and a CFA charterholder.
Paul Curbo is a portfolio manager and member of the Real Estate Securities Portfolio Management and Research team with Invesco Real Estate.
Mr. Curbo entered the industry in 1993 and joined Invesco in 1998. Prior to assuming his current position, Mr. Curbo served as a senior research analyst in the real estate research group. He led one of Invesco’s regional teams and directed the firm’s research and strategy efforts in the Western region of the US.
Before joining Invesco, Mr. Curbo was a senior research associate with Security Capital Group, where he was responsible for analyzing multifamily, industrial and office real estate markets. He produced research on economic, demographic and real estate market information for Security Capital’s affiliate companies. Mr. Curbo previously held a position with Texas Commerce Bank.
Mr. Curbo earned a BBA in finance from The University of Texas at Austin and has completed graduate coursework in economic theory and econometrics at The University of Texas at Dallas. He is a CFA charterholder.
Christopher Dahlin is a UIT Product Strategy and Development Specialist with Invesco Unit Trusts. He is responsible for product strategy functions, including product positioning, portfolio implementation and product development. Prior to joining Invesco in 2014, he served as a closed-end fund product specialist at Guggenheim Investments.
Mr. Dahlin earned a BA degree from Michigan State University and an MS in accountancy from DePaul University.
As Alternatives Investment Strategist, Walter Davis serves as Invesco’s primary alternatives representative to retail, high net worth and institutional clients across the major broker dealers, wirehouses and RIAs. He is responsible for collaborating across Invesco’s alternative strategies to develop a cohesive alternatives education program for financial advisors and investors.
Prior to joining Invesco in 2014, Mr. Davis served as a managing director in Morgan Stanley’s Alternative Investments Department, and earlier as director of High Net Worth and Institutional Sales. Prior to Morgan Stanley, he worked at Chase Manhattan Bank in the Alternative Investments Department. He has worked in the industry since 1991.
Mr. Davis graduated cum laude with a BA in economics from the University of the South. He earned an MBA in finance and international business from Columbia Business School. He holds the Series 3, 7, 24 and 63 registrations.
Senior Portfolio Manager
Matthew Dennis is a Senior Portfolio Manager with the Invesco International and Global Growth team, focusing on large- and mid-cap equities in Europe, Canada, the Middle East and Africa. Mr. Dennis is the lead portfolio manager on the Invesco Global Growth strategy and a co-manager of the Invesco International Growth and Invesco European Growth strategies.
Mr. Dennis joined Invesco in 2000 as a senior equities analyst on the International and Global Growth team and was promoted to portfolio manager in 2003. He assumed his current role in 2011. Prior to joining Invesco, he spent six years as a London-based equity strategist. Mr. Dennis served as a European and global equity strategist with ABN AMRO from 1996 to 2000. He began his investment management career in 1994 as an analyst on the equity strategy desk at Hoare Govett Securities.
A native of Houston, Texas, Mr. Dennis earned a BA degree in economics from The University of Texas at Austin and an MS degree in finance from Texas A&M University. He is a CFA charterholder.
R. Scott Dennis is the Chief Executive Officer of Invesco Real Estate (IRE). He is responsible for the day-to-day strategy execution and management of the global real estate business.
Mr. Dennis has been with Invesco for 22 years. Prior to his role managing the global real estate group, he was co-head of IRE’s North American group and head of the US acquisitions team. Over his career, Mr. Dennis has been involved in more than $25 billion of real estate investments, covering a broad range of property types and investment structures.
Before joining Invesco, Mr. Dennis worked at Bankers Trust Company, where he was responsible for structuring equity and debt investments on behalf of Bankers Trust and other institutional clients. Additionally, Mr. Dennis was with Trammell Crow Company, where he was responsible for investments on behalf of their commingled funds.
Mr. Dennis earned a BBA in finance and real estate from The University of Texas at Austin. Mr. Dennis has 33 years of real estate investment experience.
Managing Director Juliet Ellis is Senior Portfolio Manager for Invesco Small Cap Equity Fund and Invesco Small Cap Growth Fund. She also serves as Chief Investment Officer for Invesco’s US Growth Investment Management Unit. Ms. Ellis has been a lead Portfolio Manager for smallcap asset strategies since 1993.
Prior to joining Invesco in 2004, Ms. Ellis was a managing director with JPMorgan Fleming Asset Management, where she served as senior portfolio manager of JPMorgan’s Small Cap Equity and Small Cap Growth strategies. At JPMorgan, she was responsible for the management of mutual funds, sub-advised portfolios and institutional separate account portfolios. She joined JPMorgan in 1987 as an equity analyst and also served as assistant portfolio manager and director of Equity Research before being promoted to senior portfolio manager in 1993 and managing director in 2000. She began her investment career in 1981 with Merrill Lynch.
Ms. Ellis earned a BA degree in economics and political science, cum laude, from Indiana University, where she was a member of Phi Beta Kappa. She is a CFA charterholder.
Borge Endresen joined Invesco in 1999. He was promoted to portfolio manager for international growth and emerging markets strategies in 2002. He entered the industry in 1995 and was previously an associate financial consultant with Merrill Lynch.
A native of Stavanger, Norway, Mr. Endresen graduated summa cum laude from the University of Oregon with a BS degree in finance. He earned an MBA from The University of Texas at Austin. He is a CFA charterholder.
Mr. Falduto joined Invesco in 2010. Prior to joining the firm, he was an Executive Director of Investment Research for unit trusts portfolios at Van Kampen, which he joined in 1991. Prior to his current position, he served as a fixed income analyst for several Van Kampen mutual funds. He has a diverse knowledge base with analytical experience in equity, corporate, municipal and money market securities.
Mr. Falduto received an M.B.A. degree in Finance from DePaul University in Chicago, and he is a member of the National Federation of Municipal Analysts and was the Vice President of the Chicago Municipal Analysts Society in 2009 and 2010.
Jeff Feng is Head of Emerging Markets for Invesco Hong Kong Limited (IHKL).
Mr. Feng began his investment career in 1997. Prior to joining Invesco in 2009, he was a vice president at Burgundy Asset Management Ltd., where he co-managed more than $300 million in Asia-Pacific assets and was a senior member of the EAFE Equities team. Earlier in his career, he was an investment analyst at Trans-East Investment Counselling Ltd. and a research analyst at Sunrise Investment Ltd. Before taking on his current positon, Mr. Feng was a vice president and portfolio manager for Invesco Canada.
Mr. Feng earned an MBA from the Richard Ivey School of Business at the University of Western Ontario and a BA degree in finance from Xiamen University in China. He also holds the Chartered Financial Analyst® designation.
Invesco Canada is the business name for Invesco Canada Ltd. Invesco Distributors, Inc., Invesco Canada Ltd. and Invesco Advisers, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.
John Feyerer is the Vice President and Director of Invesco PowerShares Equity ETF Product Strategy. Invesco PowerShares Capital Management LLC is a registered investment advisor that sponsors the PowerShares family of exchange-traded funds (ETFs). Invesco PowerShares is Leading the Intelligent ETF Revolution®, a new generation of ETFs.
In this role, Mr. Feyerer oversees Invesco PowerShares’ product management functions including the development and implementation of strategies and tactics for product positioning and the coordination of product-related marketing. He has been quoted in Barron’s, the Wall Street Journal, Investment News and numerous trade publications, and is a regular speaker at industry conferences and events. Since joining Invesco PowerShares in April 2005, Mr. Feyerer led business operations at Invesco PowerShares and served in a regional sales capacity.
Prior to joining Invesco PowerShares, Mr. Feyerer served in a variety of operating, financial, and strategic roles over 14 years at The ServiceMaster Company based in suburban Chicago, Illinois.
Mr. Feyerer earned a BA/MA in communications from Wheaton College and an MBA with a concentration in finance from Loyola University Chicago. He holds the Series 7, 24 and 63 registrations, and is a Chartered Financial Analyst charterholder and member of the CFA Society of Chicago. He also serves as an Associate Editor for The Journal of Index Investing.
Tracy Fielder is a Product Management Director for Invesco covering US Value strategies. He works with Invesco’s US Value investment teams and client portfolio managers to develop sales and marketing programs, positioning Invesco’s product line across all global distribution channels.
In addition to his product management responsibilities, Mr. Fielder is part of a team that develops the themes, researches the data and presents the concepts of Invesco’s Rethinking Risk program. This educational program seeks to encourage a holistic view of risk, considering market history, investor psychology/behavior, and asset allocation theory/application. This program also looks at the impact of risk parity, a portfolio construction approach that diversifies across sources of risk in relation to various market and economic environments.
Prior to joining Invesco in 2010, Mr. Fielder was vice president of Investment Research at VALIC (Variable Annuity Life Insurance Co.), responsible for leading a team of analysts overseeing the selection and monitoring of all mutual fund managers and sub-advisors utilized for defined contribution retirement plan clients. Before joining VALIC, he was an account executive at Van Kampen Investments where he was in charge of marketing and sales for the Van Kampen mutual fund product line distributed by Morgan Stanley Dean Witter financial advisors. He entered the financial industry in 1993 as a marketing coordinator for PaineWebber.
Mr. Fielder earned an MBA from Houston Baptist University and a BBA, cum laude, with a concentration in finance from the University of Houston. He holds the Series 6 and 63 registrations.
Carolyn Gibbs serves as senior strategist for Invesco Fixed Income. Ms. Gibbs is a member of the Office of the Chief Investment Officer.
Ms. Gibbs began her career in the financial industry in 1983 and joined Invesco in 1992 as a research analyst for fixed income securities. She was named a portfolio manager in 1995, managing investment grade and non-US dollar bonds. Previously, she worked as an international equity analyst at Waddell and Reed, Inc. and briefly as a financial analyst at Northwest Airlines, Inc.
Ms. Gibbs graduated magna cum laude from Texas Christian University with a Bachelor of Arts degree in English. She also earned an MBA in finance from the Wharton School at the University of Pennsylvania. She is a CFA charterholder and a member of the CFA Institute.
Mark Gilley is a senior analyst with Invesco Fixed Income. In his role, he performs fundamental analysis of the financial and legal structure of current and potential municipal bond holdings.
Mr. Gilley joined Invesco in 1996. He assumed his current role with the Municipal team in 2011. Before joining the Municipal team he held analysis and portfolio management positions within Invesco Fixed Income. Prior to joining Invesco, he was with American Capital Asset Management. He entered the financial industry in 1992.
Mr. Gilley earned a Bachelor of Business Administration degree in marketing from The University of Texas at Austin. He also earned a Master of Business Administration from the University of Missouri at Kansas City. He is a CFA charterholder and a member of the CFA Institute.
Based in London, John is Chief Economist of Invesco Ltd. with responsibility for providing economic analysis and forecasts to Invesco portfolio managers and clients.
John started his career in 1970 as a visiting research fellow at the Bank of Japan. He joined our company four years later in 1974 as Chief Economist, based initially in Hong Kong and later in San Francisco. As editor of Asian Monetary Monitor in 1983, he proposed a currency board scheme for stabilizing the Hong Kong dollar. John was a director of the Hong Kong Futures Exchange Clearing Corporation for four years until 1991, and in 1992 became a council member of the Stock Exchange of Hong Kong, a position he held for twelve months. In that same year, he was an economic adviser to the Hong Kong Government. He has been a member of the Committee on Currency Board Operations of the Hong Kong Monetary Authority since 1998. He is also a member of the Shadow Monetary Policy Committee in England, and he serves on the board of the Hong Kong Association in London.
John holds an MA from the University of Edinburgh, and an Honorary PhD, also from the University of Edinburgh.
Jacob Habibi is a Senior Credit Analyst at Invesco Fixed Income. He is responsible for conducting fundamental credit research and making investment recommendations on US and Canadian domiciled corporate bonds and credit default swaps in the banking, brokerage and finance sectors in both the investment grade and high yield credit markets. He also contributes to developing investment strategies for the US investment grade market.
Mr. Habibi joined Invesco in May 2001 as a credit research assistant, providing research and financial model support to the US IG Corporate Credit team. In April 2003 he transitioned to a role as an investment application analyst, assessing the business needs of investment professionals and developing web-based applications to support many of Invesco’s fixed income investment products including interest rates, MBS, ABS, CMBS, currencies, investment grade credit, high yield credit, and emerging markets. In June 2007 he returned to the Investments team as a fixed income investment associate, spending 10 months in a rotational program with Quantitative Research, Government Bond Trading, Corporate Credit/Trading and Mortgage & ABS Credit/Trading. In March 2008, he joined the US IG Credit Research team as a credit analyst, where he continues to serve in this capacity.
Mr. Habibi earned his MS degree in banking and financial services from Boston University, graduating with honors. He also earned a BS degree in business administration with a double major in finance and computer information systems from the University of Louisville, graduating magna cum laude. He holds the Chartered Financial Analyst® (CFA®) designation.
Andrew Hall is a Fund Manager with the Invesco Global Opportunities team. He joined the firm
in May 2013.
Mr. Hall began his career in October 2000 in Equity Sales, spending seven years at UBS
Warburg and two years at Merrill Lynch. In May 2009, he became a European equities analyst
at Moore Europe Capital Management. Most recently, Mr. Hall was a partner at Bramshott
Capital LLP, a spin-off of Moore Europe Capital Management.
Mr. Hall earned a BSc in economics from Nottingham University, and he holds the Investment
Management Certificate from the CFA Society of the UK.
Clint Harris is a senior client portfolio manager representing the Invesco Diversified Dividend team. Before he was promoted to his current position in 2008, Mr. Harris was senior product manager in Product Strategy and Investment Services, focusing on the core equity complex.
Mr. Harris joined Invesco in 1999 and was an investment specialist responsible for internal and external asset manager due diligence for the firm’s institutional and retirement businesses. Subsequently, Mr. Harris joined AIM Private Asset Management where he worked as a portfolio advisor for the firm’s separate account portfolios.
Mr. Harris earned a BA degree from Oglethorpe University in Atlanta, with a dual major in economics and marketing and a specialization in international business. He holds the Series 7, 63 and 66 registrations and is a CFA charterholder.
*Does not manage the assets for any fund.
Juan Hartsfield is a portfolio manager for Invesco small-cap core and small-cap growth products.
Prior to joining Invesco in 2004, Mr. Hartsfield was a portfolio manager with JPMorgan Fleming Asset Mgmt., where he was involved with the management of various small-cap portfolios. Prior to joining JPMorgan, Mr. Hartsfield served as an associate with Booz Allen & Hamilton.
Mr. Hartsfield earned a BS degree in petroleum engineering from The University of Texas at Austin and an MBA from the University of Michigan. He is a CFA charterholder.
With more than 30 years of experience in the industry, Jeff Hemker has been a featured speaker at advisor meetings, training and education seminars and industry events throughout his career.
Prior to joining Invesco in 2004, he was a managing director of retirement outsourcing services for WySTAR Global Retirement Solutions and a senior vice president at both CIGNA Retirement & Investment Services and Van Kampen American Capital Funds.
Mr. Hemker graduated from the University of Wisconsin-La Crosse and Roosevelt University. He holds the 7, 63 and 66 registrations and is a Certified Investment Management AnalystSM (CIMA®) professional.
Kevin Holt is Chief Investment Officer for Invesco US Value Equities and a Senior Portfolio Manager for the large-cap value strategies. He is lead manager for Invesco’s large-cap value products.
Mr. Holt joined Invesco in 2010 when the firm combined with Van Kampen Investments, where Mr. Holt was a portfolio manager for the US value strategy. Before joining Van Kampen in 1999, he served as a senior research analyst at Strong Capital Management and as a portfolio manager/research analyst at Citibank Global Asset Management. He entered the industry in 1989 as a senior financial analyst for Harris Trust and Savings Bank.
Mr. Holt earned a bachelor’s degree from the University of Iowa and an MBA from the University of Chicago Graduate School of Business. He is a CFA charterholder and a member of the Houston Society of Financial Analysts.
Jason Holzer is a senior portfolio manager with the Invesco International Growth team, focusing on mid- and small-cap European, Canadian, Middle Eastern and African equities. Mr. Holzer is a lead portfolio manager on the Invesco European Growth strategy, the Invesco European Small Company strategy, the Invesco Global Small & Mid Cap Growth strategy and the Invesco International Small Company strategy.
Mr. Holzer joined Invesco in 1996 as a senior equities analyst on the International Growth team and was promoted to portfolio manager in 1999. He assumed his current role as a senior portfolio manager in 2000. He began his investment management career in 1994 as an associate with JMB Realty.
Mr. Holzer earned a BA degree in quantitative economics and an MS degree in engineering-economic systems from Stanford University. He is a CFA charterholder.
Darren Hughes is co-head of the High Yield team for Invesco Fixed Income. He is also a senior portfolio manager on the team and has analytical responsibilities for aerospace/defense, automotive, media, healthcare and pharmaceutical companies. Mr. Hughes joined Invesco in 1992 as an internal wholesaler and then moved into marketing research for the fixed income funds. He joined the Invesco Fixed Income High Yield team as a trader in 1995 and was named a portfolio manager in 2005 and senior portfolio manager in 2009. Prior to joining Invesco, he worked in the retail brokerage industry.
Mr. Hughes earned a BBA in finance and economics from Baylor University. He is a CFA charterholder and a member of the CFA Institute.
Greg Jenkins is a Senior Director of the Invesco US Institutional Consultant Relations team and Board Chair of Invesco’s Defined Contribution Institute (IDCI). As a senior director, he is responsible for relationship management and new business development primarily through defined contribution (DC)-focused consultants. As chair of IDCI, Mr. Jenkins is a frequent speaker and thought leader on topics relevant to DC plan sponsors and consultants.
Mr. Jenkins joined Invesco in 2010. He entered the investment management industry in 1991\ and has over 20 years’ experience in the DC market. Most recently, he was with Morgan Stanley Investment Management, where he was responsible for institutional DC relationships and consultant relations. Prior to that, he was vice president of Defined Contribution Sales at Charles Schwab.
Mr. Jenkins earned a BA degree in economics from the University of Colorado and an MBA from the University of Texas at Dallas. He is a CFA charterholder and a member of the Dallas Society of Financial Analysts.
Marie Jordon is a Senior Product Manager for Invesco. She works with Invesco’s Relative Value Equity Teams, the Invesco Convertible Securities Team, and the Invesco International Companies Team to develop sales and marketing programs, position their strategies across distribution channels globally, and produce timely commentary and insights for investors and financial professionals.
Ms. Jordon joined Invesco in 1999 in the retail distribution channel. From 2002-2009 she worked as an investment services analyst working with Invesco’s subadvised, offshore and institutional clients. In 2009, she assumed her role as product manager. Ms. Jordon earned a B.B.A. in Marketing from Texas A&M University in College Station. She holds the Series 7 and 66 registrations.
David Jubb joined Invesco Perpetual in March 2013 and serves as a fund manager for the Multi Asset team.
Prior to this, he worked at Standard Life Investments, where he was an investment director of the Multi Asset Investing team, and was one of the fund managers of the firm’s Global Absolute Return investment capability. Mr. Jubb joined Standard Life Group in 1982 as a computer programmer and after a period in the Actuarial Department of Standard Life Canada, he joined Standard Life Investments where he held positions as a fixed income fund manager and strategist before joining the Multi Asset Investing team in 2006.
David Jubb graduated from St Andrews University in 1982 with a BSc (Hons) in mathematics. He is a Fellow of the Institute and Faculty of Actuaries.
Nick Kalivas is a Senior Equity Product Strategist for Invesco PowerShares Capital Management LLC, a registered investment advisor that sponsors the PowerShares family of exchange-traded funds (ETFs). Invesco PowerShares is Leading the Intelligent ETF Revolution, a new generation of ETFs.
In his role, Nick works on researching, developing product-specific strategies, and creating thought leadership to position and promote the smart beta* equity line up. Prior to joining Invesco PowerShares, Nick spent the majority of his career in the futures industry, delivering research, strategy, and market intelligence to institutional and high net worth clients centered in the equity and interest rate markets. He was a featured contributor for the Chicago Mercantile Exchange, and provided research services to a New York-based global macro commodity trading advisor where he supplied insight on equities, fixed income, foreign exchange and commodities. Nick has been quoted in the Wall Street Journal, Financial Times, Reuters, NY Times and by the Associated Press, and has made numerous appearances on CNBC and Bloomberg.
Nick has a BBA in Accounting and Finance from the University of Wisconsin — Madison and a MBA from the University of Chicago, Booth School of Business with concentrations in Economics, Finance, and Statistics. He holds the Series 7 and Series 63 registrations.
*Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart beta represents an alternative and selection index based methodology that may outperform a benchmark or reduce portfolio risk, or both.
Karen Dunn Kelley is the Senior Managing Director of Investments. She is responsible for Invesco’s fixed income business, investment global strategies business, equity trading, and investments administrations. She is also co-chair of the Investor’s Forum, a member of Invesco’s Worldwide Institutional Strategy Committee, president and principal executive officer of Short-Term Investments Trust and AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust), and serves on the boards for the Short-Term Investments Company (Global Series) plc, Invesco Global Management Company, Limited and Invesco Mortgage Capital Inc.
Ms. Dunn Kelley joined Invesco in 1989 as a money market portfolio manager. In 1992, she was named chief money market and government officer. In 1994, Ms. Dunn Kelley was responsible for creating the Short-Term Investments Co. (Global Series) plc portfolios. In April 2007, she was named CEO of Invesco’s newly combined fixed income and cash management teams.
Ms. Dunn Kelley has been in the investment business since 1982 and began her career at Drexel Burnham Lambert on the Fixed Income High Grade Retail Desk. In 1985, she was promoted to vice president and assistant manager. In 1986, Ms. Dunn Kelley joined Federated Investors (Pittsburgh) and became involved in the asset management business aspect of the fixed income division.
Ms. Dunn Kelley graduated magna cum laude with a BS from the Villanova University College of Commerce and Finance.
Invesco Advisers, Inc. is an investment advisor; it provides investment advisory services to individual and institutional clients and does not sell securities. Invesco Distributors, Inc. is the US distributor for Invesco Ltd.’s retail mutual funds, institutional money market funds and is the sub-distributor for the STIC Global Funds and the Invesco Global Product Range. Shares of the STIC Global Funds may not be offered or sold directly in the US, its territories or possessions to US citizens or residents, as further described in the prospectus. Some of the investments offered by Invesco are not registered with the Securities and Exchange Commission and are offered to qualified investors via a private placement. All entities are wholly owned, indirect subsidiaries of Invesco Ltd.
Mike Kelley is a Senior Analyst within the Invesco Fixed Income High Yield Team. He has research responsibilities for the aerospace/defense, airlines/rail/transportation, and health care/pharmaceuticals sectors.
Prior to joining Invesco in 2013, Mr. Kelley most recently served as a Senior Analyst in their High Yield & Bank Loan group at Allstate Investments, where he worked for 12 years.
Mr. Kelley earned a BS degree in finance from Miami University. He is a CFA charterholder and a member of the CFA Institute.
Bernhard Langer is Chief Investment Officer (CIO) of Invesco Quantitative Strategies. He was named CIO in January 2009 and is responsible for the quantitative equities investment approach, related products and clients. He is responsible for more than 40 investment professionals worldwide, and his team members are in New York, Boston, Frankfurt, Melbourne and Tokyo.
Mr. Langer began his investment career in 1989 with Bayerische Vereinsbank. He moved to its asset management function and led the strategy team from 1992 until his departure. He joined Invesco in 1994 as a portfolio manager for equities and became head of equities in 1996 and chief investment officer for Germany in 2000. In 2002, he took over the responsibility for the Quantitative Strategies Group (International).
Mr. Langer earned an MBA with a focus on economics and banking from the University of Munich. He is also a CFA charterholder.
Stephanie Larosiliere is the client portfolio manager for the Invesco Municipal Bond team. Ms. Larosiliere works with the fund management team, acting as its representative to retail clients and other intermediaries.
Her responsibilities include working with sales staff and clients to provide insight on the municipal fixed income market and the investment strategies utilized by the team. She is also responsible for ongoing product development and marketing for the municipal bond products.
Ms. Larosiliere joined Invesco in 2011 as a senior product manager supporting the municipal and convertible businesses. Prior to joining Invesco, Ms. Larosiliere served as a vice president in the
Goldman Sachs Asset Management fixed income product management team where she was responsible for portfolio analysis, product development, client retention and marketing. Prior to joining Goldman Sachs in 2008, she worked as an institutional product management associate for Brown Brothers Harriman. She began her career in the industry in 2003 as a risk management analyst with JPMorgan Chase where she was responsible for performing daily value at risk (VaR) analysis and monthly stress risk tests on the bank’s credit portfolio.
Ms. Larosiliere earned a BBA degree in finance and investments from Baruch College — The City University of New York (CUNY).
1 Not involved in managing assets of any fund.
Andrew Laster is a national sales manager for the Institutional and Insurance Sales Division of Invesco. Mr. Laster has been in the industry since 1996 when he joined Invesco as a marketing specialist in the Independent Financial Advisor Division. In 1997, Mr. Laster was promoted to key account specialist and later to key account coordinator in the Invesco Alliance Products Division. Prior to assuming his current role, Mr. Laster was a wholesale vice president for the Institutional and Insurance Sales Division.
Mr. Laster earned a BA degree from the University of Houston. He holds the Series 6, 7, 24, 26, 63 and 65 registrations.
Janet Luby is a portfolio manager working with the Large/Multi-Cap Growth team.
Prior to joining Invesco in 2011, Ms. Luby was a senior portfolio manager with Amegy Bank, N.A. She also was with Van Kampen Investments for 12 years, most recently as a senior portfolio manager of growth equity products. Ms. Luby entered the industry in 1987 when she joined AIM Investments (the US retail predecessor to Invesco) in the Fund Accounting department before transferring to an equities analyst position.
Ms. Luby earned a BBA degree in finance from Texas A&M University. She is a CFA charterholder and a Certified Public Accountant (CPA).
CPA® and Certified Public Accountant® are trademarks owned by the American Institute of Certified Public Accountants. This firm is not a CPA firm.
Norman MacDonald is a portfolio manager for Invesco Energy Fund and Invesco Gold & Precious Metals Fund. Mr. MacDonald joined Invesco in 2008 as portfolio manager for Invesco’s Canadian distributed sector mutual funds.
Mr. MacDonald began his investment career in 1994 at State Street Bank and Trust as a derivatives analyst. He later moved to Ontario Teachers’ Pension Plan Board, where he worked for three years in progressive roles from research assistant to portfolio manager. His next role was as a vice president and partner at Beutel, Goodman & Co. Ltd. Prior to joining Invesco, Mr. McDonald was a vice president and portfolio manager at Salida Capital Corp.
He earned a BComm from the University of Windsor and is a CFA charterholder.
Joseph Madrid is a fixed income analyst for Invesco Fixed Income. He is responsible for providing investment research, credit analysis and portfolio management support for cash management products.
Mr. Madrid began his investment career in 2002 as a financial analyst with J.P. Morgan Chase & Co. He joined Invesco in 2009. Prior to joining Invesco, he was a portfolio manager in client service and senior fixed income securities analyst with National City Corp.
Mr. Madrid earned a BA degree in accounting from Baldwin-Wallace College and an MBA from the University of New Mexico. He is also a CFA charterholder and a member of the CFA Institute.
Ken Masse is a Client Portfolio Manager for Invesco Quantitative Strategies (IQS).
Mr. Masse entered the industry in 1992 and joined Invesco in 2008. Previously, he was an equity portfolio manager, head of Portfolio Construction & Implementation and a structured investments portfolio manager for PanAgora Asset Management.
Mr. Masse earned a bachelor’s degree in finance from Bentley University and a master’s degree in finance from Boston College. He holds the Series 6, 7 and 79 registrations and is a CFA charterholder.
1 Not involved in managing assets of any fund.
Gregory McGreevey joined Invesco in November 2011 as head of Invesco Fixed Income, responsible for the day-to-day oversight of Invesco’s fixed income business.
Previously Mr. McGreevey was president of Hartford Investment Management Co. and executive vice president and chief investment officer (CIO) of The Hartford Financial Services Group, Inc. Additionally, he was the CIO for The Hartford’s Insurance business. Prior to joining Hartford Investment Management, Mr. McGreevey served as vice chairman and executive vice president of ING Investment Management — Americas Region (IIMAR), as well as business head and CIO for ING’s North American proprietary investments and chief executive officer of ING Institutional Markets. In addition, he was a member of an IIMAR’s management committee and held positions on a variety of key senior leadership committees, including ING Management Council.
Before joining ING, Mr. McGreevey was president and CIO of Laughlin Asset Management and president and chief operating officer of both Laughlin Educational Services and Laughlin Analytics, Inc. in Portland, Ore.
Mr. McGreevey earned an undergraduate degree from the University of Portland and an MBA from Portland State University. He is a CFA charterholder.
Michael McHugh is a Client Portfolio Manager for Invesco’s Global Asset Allocation (GAA) team, which invests in stock, bond and commodity markets worldwide.
Mr. McHugh joined Invesco in 1998 as an Internal Wholesaler and was promoted to Regional Vice President in 2001. He joined the Product Strategy and Investment Services division in January 2005 as a senior research analyst and became a product manager the following year. Prior to joining the GAA team, he also co-authored the firm’s Rethinking Risk program.
Mr. McHugh began his career in the industry in 1996 as a financial advisor for American Express Financial Advisors Inc.
Mr. McHugh earned a BS degree in business information systems from Bellevue University. He is a CFA charterholder.
1 Not involved in managing assets of any fund.
David Millar is head of the Multi Asset team for Invesco Perpetual. Mr. Millar joined Invesco in January 2013 and is based in Henley-on-Thames, outside of London.
After commencing his investment career with Scottish Widows in 1989, where he qualified as an actuary, Mr. Millar joined the Fixed Interest team at Scottish Widows Investment Partnership in 1996, becoming head of Bond Strategy and chair of the Bond Policy group. In 2008, he joined Standard Life Investments as an investment director of the Multi Asset investing team. He was one of the portfolio managers on their absolute return fund and was chair of their Bond Investment group.
Mr. Millar earned a BSc (Hons) degree in mathematical statistics from the University of Cape
Town and is a Fellow of the Institute and Faculty of Actuaries.
Invesco Perpetual is a business name of Invesco Asset Management Limited (IAML), an investment adviser. Invesco Distributors, Inc., Invesco Advisers, Inc. and IAML are each indirect, wholly owned subsidiaries of Invesco Ltd.
Sean Newman is a senior portfolio manager for Invesco Fixed Income. In this role, he is responsible for the coverage and analysis of emerging market government bonds. Mr. Newman joined Invesco in 2013 and has close to 20 years of investment experience.
Prior to joining Invesco he was a portfolio manager covering emerging markets sovereign\corporate debt for GE Asset Management. Previously, he was an assistant portfolio manager for GE Asset Management on the Emerging Market Debt team. Mr. Newman began his career as an analyst at GE Capital through the Marketing Risk Leadership program before joining GE Asset Management’s Financial Planning and Analysis group.
Mr. Newman earned a BS degree in management and accounting from the University of the West Indies in 1994, and his MBA from Howard University in 1998.
Duy Nguyen is a Portfolio Manager and Chief Investment Officer of Invesco Solutions, which provides customized multi-asset investment strategies for institutional and retail clients. In this role, Mr. Nguyen is responsible for the overall strategy and direction of the team’s investment process. This involves guiding the research agenda, overseeing the quality of all portfolio implementation, and communicating the investment process to internal and external teams.
Prior to joining Invesco in 2000, Mr. Nguyen served as assistant vice president and quantitative equity analyst for Van Kampen American Capital, as well as vice president and director of quantitative services of FactSet Research Systems, Inc. Mr. Nguyen regularly lectures for the graduate program at the University of Houston and is part of the Advisory Committee of the Cougar Fund.
Mr. Nguyen earned a BBA at The University of Texas at Austin and an MS degree from the
University of Houston. He is a CFA charterholder.
Nick Mustoe is chief investment officer (CIO) of Invesco Perpetual and co-chair of Invesco Perpetual’s Global Equity Group.
Mr. Mustoe joined the company in June 2010. His investment career spans over 25 years, having started with Phillips & Drew Fund Management as a UK equity manager in 1985. More recently, he was appointed CIO of Pictet Asset Management in 2006 after joining Hermes Pensions Management as CIO in 2002.
He earned a first class honors degree in business studies from Bradford University.
Glen Murphy is director of portfolio management with the Invesco Quantitative Strategies team.
Mr. Murphy joined Invesco in 1995 and was promoted to portfolio manager in 1998. In 2010, he was promoted to lead the US portfolio management team, responsible for portfolio construction and trading. Prior to joining Invesco, Mr. Murphy was a manager in the fund accounting department at The Boston Company.
Mr. Murphy earned a BA degree from the University of Massachusetts at Amherst and an MS degree in finance from Boston College. He is a CFA charterholder and a member of the Boston Security Analysts Society. He is also registered with the National Futures Association (NFA) as an associated person of Invesco and as a branch manager.
Eric Nelmark is a Senior Analyst with Invesco Fixed Income, with a primary focus on Invesco High Yield Municipal Fund. He conducts research and makes buy and sell recommendations on high yield municipal issuers. He joined Invesco in 2014.
Mr. Nelmark entered the financial industry in 1998. Prior to joining Invesco, Mr. Nelmark was with Sit Investment Associates, Inc. for 10 years. At Sit Investment, he served as a research analyst predominantly focused on high yield municipal securities. Previously, Mr. Nelmark spent six years at Investment Advisers, Inc., which was later renamed Paladin Investment Associates. There he worked in several areas including mutual fund accounting, finance and equity trading.
Mr. Nelmark earned his BA degree in business at Bethel University and his MBA from the University of St. Thomas located in St. Paul, Minnesota.
Richard Nield is a Senior Portfolio Manager with the Invesco International and Global Growth team, focusing on large and mid-cap equities in Europe, Canada, the Middle East and Africa. Mr. Nield is a co-manager of the Invesco International Growth and Invesco European Growth strategies.
Mr. Nield joined Invesco in 2000 as an equities analyst on the International and Global Growth team and was promoted to portfolio manager in 2003. He assumed his current role in 2015. Prior to joining Invesco, Mr. Nield worked as a senior analyst with Ontario Teacher’s Pension and with Ontario Municipal Employees Retirement Systems (OMERS). He began his investment management career in 1995 as an investment advisor with RBC Dominion Securities.
A native of Toronto, Canada, Mr. Nield earned a Bachelor of Commerce degree in finance and international business from McGill University in Montreal. He is a CFA charterholder.
Stuart Novick is a Senior Analyst working with the Invesco Convertible Securities team.
Mr. Novick joined Invesco in 2014 and entered the industry in 1989. He was previously a senior credit analyst at Bloomberg, covering special situations in the Bloomberg Industries research group. Prior to that, he was a credit analyst at the Financial Times Group. Mr. Novick started in the industry in 1989 and spent 17 years at Citigroup, where he was a director in the convertible securities group.
Mr. Novick earned a BS degree from the University of Albany and an MBA from Columbia Business School. He holds the CFA designation.
Clas Olsson is Chief Investment Officer (CIO) and Senior Portfolio Manager with the Invesco International and Global Growth team. He also serves as a lead manager on the Invesco International Growth and Invesco European Growth strategies.
Mr. Olsson began his investment management career in 1994 as an investment officer and portfolio analyst specializing in international equities with Invesco. He was promoted to portfolio manager in 1997 and assumed his current role as senior portfolio manager in 1999 and CIO in 2009. Prior to joining Invesco, Mr. Olsson was a communications officer in the Royal Swedish Navy.
A native of Vasteras, Sweden, Mr. Olsson became a commissioned naval officer at the Royal Swedish Naval Academy in 1988 and earned a BBA degree in 1994 from The University of Texas at Austin.
Tim O’Reilly is a Senior Unit Trust Trader with the Invesco Unit Trust division. Within this role, Mr. O’Reilly’s responsibilities include equity and fixed income trading, risk management and credit analysis.
Mr. O’Reilly joined Invesco in 2010. Prior to joining the firm, he worked with unit trusts as a unit trust analyst covering general obligation, water and sewer, and public power sectors in addition to multiple corporate bond sectors at Van Kampen, which he joined in 2001. He has a diverse knowledge base with trading experience in municipals, corporates and equities.
Mr. O’Reilly earned an MBA in finance from University of Illinois at Chicago and a BS degree in finance from Eastern Illinois University. He is a member of the National Federation of Municipal Analysts and the Chicago Municipal Analysts Society.
Mr. Peters joined Invesco in 2012. Prior to joining the firm, Mr. Peters spent ten years in the industry working as an investment analyst. His responsibilities included research and portfolio construction for various closed-end funds, open-end funds, and institutional portfolios. Mr. Peters has a diverse investment background with experience in multiple asset classes including equity, fixed income, and convertible securities.
Mr. Peters earned a B.S. degree from Taylor University in Indiana and a M.S. Finance degree from DePaul University in Chicago. He is a CFA charterholder and a member of the Investment Analyst Society of Chicago and the CFA Institute.
Jalil Rasheed joined Invesco in April 2013 as Investment Director. Based in Singapore, he leads the Singapore investment team and focuses on ASEAN Equity strategy. Mr. Rasheed has 10 years of industry experience.
Prior to joining Invesco, he was chief executive officer of Aberdeen Islamic Asset Management, based in Kuala Lumpur. He was the co-country head of Malaysia and was the lead manager of the ASEAN equity portfolio. He joined Aberdeen in 2003, focusing on emerging market equities. In 2005, he moved to Aberdeen Singapore as investment manager, covering regional equities. In 2007, he was promoted to director, head of equities, overseeing Malaysian, Indonesian and Philippines equities, and he was also deputy country head of Malaysia.
Mr. Rasheed earned his BS (Honors) degree in accounting and finance from the London School of Economics & Political Science in 2003.
Rashique Rahman is the Head of Emerging Markets (EM) for Invesco Fixed Income. Mr. Rahman joined Invesco in 2014, and throughout his career has led or been an integral part of various EM strategy and research teams.
Previously, Mr. Rahman was co-head of Global Foreign Exchange and Emerging Markets Strategy at Morgan Stanley, leading the global EM fixed income and currency effort. Prior to this, he led global strategy for EM at HSBC, based in New York. He has also held positions at Citigroup, both as a senior EM strategist and as principal trader, based in London. He worked as a portfolio manager for local EM (rates/FX) at Armored Wolf, a US-based multi-asset alternative asset manager. His background also includes work as a sovereign analyst at Standard & Poor’s in the sovereign ratings group.
Mr. Rahman earned an MBA and MA at Columbia University and did his undergraduate work at UCLA.
Greg Rawls is an Investment Research Analyst on the Unit Trust Investment Research Team, responsible for investment recommendations, surveillance and research.
Mr. Rawls has seven years of industry experience, including equity and corporate debt research. He has a diverse knowledge base with experience in equity, private equity and corporate fixed income securities.
Mr. Rawls earned a BS degree in finance from Marquette University, where he was a member of the Applied Investment Management Program, and is currently pursuing an MS degree in finance from the University of Notre Dame. He is a CFA charterholder and a CAIA charterholder.
Scott Roberts is co-head of the High Yield team for Invesco Fixed Income. He is also a senior portfolio manager on the team and has analytical responsibilities for the chemicals, energy, utility, and paper/packaging areas. Mr. Roberts joined Invesco in 2000 as high yield analyst and was named portfolio manager in 2009. Previously, he was high yield analyst and trader with Van Kampen Investment Advisory Corp. He entered the investment industry in 1995.
Mr. Roberts earned a BBA in finance from the University of Houston. He is a CFA charterholder and is a member of the CFA Institute.
In addition to portfolio management, Mr. Rodriguez is a managing director and the head of real estate securities for Invesco Real Estate, where he oversees all phases of the unit, including securities research and administration.
Mr. Rodriguez began his investment career in 1983 and joined Invesco Real Estate, the Dallas-based investment management affiliate of Invesco Institutional (N.A.), Inc., in 1990. He has served on the editorial board for the Financial Times Stock Exchange National Association of Real Estate Investment Trusts (FTSE NAREIT), as well as the editorial board of the Institutional Real Estate Securities newsletter. He is a member of the National Association of Business Economists, American Real Estate Society and the Institute of Certified Financial Planners. He has also served as adjunct professor of economics at The University of Texas at Dallas.
In addition, Mr. Rodriguez was a contributing author to Real Estate Investment Trusts: Structure Analysis and Strategy, published by McGraw-Hill. He made contributions as editor and author to several industry publications, and has been featured as a real estate expert by both financial industry print and television media such as CNBC and Bloomberg News.
Mr. Rodriguez earned a Bachelor of Business Administration degree in economics and finance as well as an MBA in finance from Baylor University.
Wilbur L. Ross, Jr. is Chief Executive Officer and Chairman of WL Ross & Co. LLC, and member of the Office of the Chairman and Investment Committee. Mr. Ross is an acknowledged industry leader in bankruptcy, restructuring and privatization services, and is one of the leading financial advisors and investors to have been involved in some of the largest bankruptcies and out-of-court restructurings. Mr. Ross has assisted in restructuring more than $200 billion of corporate liabilities. Well known as a skilled negotiator and as an expert in the bankruptcy process, Mr. Ross has worked on a variety of complex bankruptcy proceedings in a broad range of industries. He was executive managing director of Rothschild Inc. for 24 years before acquiring that firm’s private equity partnerships in 2000.
Mr. Ross holds a Master’s of Business Administration degree with distinction from Harvard University and an Bachelor of Arts degree from Yale University.
Thomas Rowley is director of retirement business strategy and one of Invesco’s most frequently requested speakers. He provides analysis of the evolving retirement landscape and develops actionable strategies to help investors and financial advisors maximize their retirement-planning opportunities. Mr. Rowley regularly shares his insights online at invesco.com/us in addition to his speaking engagements.
Mr. Rowley’s insights reflect more than 20 years of experience in the investment industry. He translates his comprehensive knowledge of retirement planning into lively, clear explanations of the complexities of legislative, investing, tax and social issues.
Mr. Rowley shares his analyses of retirement-related issues through regular personal appearances, continuing education webinars and Web-based commentaries.
Mr. Rowley has been director of retirement business strategy since 2010. Prior to joining Invesco in 2010, he was in charge of individual retirement plan products and Retirement Marketing at Van Kampen.
Prior to joining Van Kampen in 1996, he was a 401(k) regional sales director with an investment firm. His experience also includes seven years in retirement plan operations and three years as head of a brokerage firm’s retirement help desk. He began his career in the Treasury bond futures pit at the Chicago Board of Trade.
Shekhar joined Invesco in May 2006 as an Investment Director specializing in the Indian market. In addition to his portfolio manager duties, Shekhar also provides analyst coverage of India for the Invesco Pacific Growth Fund.
Prior to joining invesco Shekhar was the Chief Investment Officer at SBI Life Insurance Co. Ltd. in Mumbai, India from 2001 to 2006. He was responsible for life insurance funds, pension funds as well as a unit linked fund. Shekhar was a fund manager at ING Investment Management (India) PVT Ltd. from 1998 to 2001, and at IDBI Investment Management Company Ltd. from 1995 to 1998. He was a manager covering money and debt markets at Imperial Corporate Finance & Services PVT Ltd. from 1992 to 1995.
Shekhar had a Bachelor of Science (Technology) degree from the University of Mumbai, India. He is a licentiate from Insurance Institute of India.
Ted Samulowitz is a vice president and portfolio manager of the S&P 500 Downside Hedged Portfolio with Invesco PowerShares Capital Management LLC, a registered investment advisor that sponsors the PowerShares family of exchange-traded funds (ETFs). Invesco PowerShares is Leading the Intelligent ETF Revolution®, a new generation of ETFs.
Prior to joining Invesco Powershares Capital Management LLC in 2012, Ted traded volatility arbitrage and special situation portfolios for hedge fund CMT Asset Management. Ted started his career as a member of the Chicago Board of Trade, where he worked as a volatility arbitrage trader in US Treasury bonds and notes. He then became a member of the Eurex Exchange, where he was a market maker in German equity options. Upon his return from Europe, Ted worked as a quantitative trader for Ritchie Capital Management, a Chicago-based hedge fund.
Ted holds a BS in agricultural economics degree from Purdue University.
Mike Shiao joined Invesco in 2002 and was promoted to Chief Investment Officer, Greater China in 2015. With over 23 years of industry experience, he leads the Greater China equities team and focuses on the Greater China equity strategy, covering the Hong Kong, China, and Taiwan markets.
Previously, Mr. Shiao was head of equities for Invesco Taiwan Ltd. He started his investment career in 1992 at Grand Regent Investment Ltd., where he worked for six years as a project manager supervising venture capital investments in Taiwan and China. In 1997, he joined Overseas Credit and Securities Inc. as a senior analyst covering Taiwan technology sector. Mr. Shiao also worked at Taiwan International Investment Management Co., as a fund manager and was responsible for technology sector research.
Mr. Shiao holds a bachelor’s degree from National Chung Hsing University, Taiwan and a Master of Science degree in finance from Drexel University, Philadelphia.
Lucas Simmons joined Invesco Fixed Income in 2014 and is involved in investment research and credit analysis for cash management products.
Mr. Simmons earned his BS degree in business administration from the University of New Hampshire. He also earned an MBA in from Babson College. Mr. Lucas holds the Chartered Financial Analyst® (CFA®) designation.
Ron Sloan is chief investment officer (CIO) of Invesco’s Global Core Investment Management Unit. He is lead portfolio manager for several of Invesco’s US core equity products.
Mr. Sloan joined Invesco in 1998 from Verissimo Research and Mgmt., where he served as president since 1993. Prior to this position, he was partner and executive vice president at Wood Island Associates Inc./Siebel Capital Management Inc. from 1981 to 1993. Mr. Sloan has been in the investment industry since 1971.
Mr. Sloan earned both a Bachelor of Science degree in business administration and an MBA from the University of Missouri. He is a CFA charterholder.
Danielle Singer is a Senior Client Portfolio Manager for the Invesco Multi Asset team.
Before joining Invesco in 2014, Ms. Singer was a strategist and director of the Global Investment Solutions (GIS) team at UBS. Her responsibilities included participating in the review and setting of multi-asset and currency strategies, interacting with the investment team to coordinate investment strategy, and assisting clients as part of the GIS initiative. Previously, Ms. Singer was an account manager for UBS’s Institutional Investment Management group, where she maintained client portfolios and presented investment reviews. Prior to joining UBS in 2004, Ms. Singer worked on the auction rate securities desk at Deutsche Bank.
Ms. Singer earned a BA degree at Middlebury College and an MBA at the University of Chicago with concentrations in analytic finance and econometrics. She holds the Series 3, 7 and 66 registrations. Ms. Singer is a CFA charterholder and a member of the New York Society of Security Analysts.
1 Not involved in managing assets of any fund.
Walt Stabell entered the industry in 1986, and his experience includes 17 years as a portfolio manager. He currently serves as a senior client portfolio manager with Invesco’s Product Strategy and Investment Services Group. In this capacity, he works with Invesco’s real estate, energy and convertible securities fund management teams acting as their representative to consultants as well as institutional and retail clients around the world.
His responsibilities include client relationship management, client service and assisting the various sales teams with new client development.
Prior to joining Invesco in 2006, Mr. Stabell served as a senior vice president and senior portfolio manager for Compass Bank overseeing a variety of investment portfolios. Prior to joining Compass in 2003, he worked as a senior portfolio manager of fixed income investments for Vaughan, Nelson, Scarborough & McCullough, L.P. Mr. Stabell began his investments industry career in 1986 as a securities analyst for United Savings of Texas. From 1986 through 1999, he worked for Van Kampen Asset Management, the final nine years as a fixed income portfolio manager.
Mr. Stabell earned a Bachelor of Business Administration degree in accounting from Texas A&M University.
*Does not manage the assets for any fund.
Rob Stabler is a Product Director at Invesco Perpetual and is responsible for developing and delivering the investment message of the Global Equities team.
Mr. Stabler joined Invesco Perpetual in 2002 and spent 11 years working as regional sales manager within the Retail Sales team, developing and maintaining relationships across a range of wealth managers, IFA and fund-of-fund clients. He moved to his current position in 2013. Mr. Stabler began his career in financial services in 2000, working as an independent financial advisor.
Mr. Stabler earned a BA degree in politics and economics from Newcastle University. He also holds the Investment Management Certificate.
Bixby Stewart is a Research Analyst for Invesco Fixed Income, focusing on investment grade fixed income securities in North America. Mr. Stewart conducts fundamental investment research for investment grade energy and utility companies. His analysis is used to assist portfolio managers with investment decision-making.
Mr. Stewart joined Invesco in 2015. Prior to working at Invesco, Mr. Stewart began his career at Silver Point Capital where he worked as an investment research analyst focusing on the automotive industry from 2009 to 2012. He then worked for Dumac, Inc. (the Duke University Endowment) as an as an MBA intern on the Public Direct Investments Team during 2013. Most recently, Mr. Stewart worked for J.P. Morgan’s investment banking division with the Diversified Industries coverage group.
Mr. Stewart graduated magna cum laude from Appalachian State University with a BSBA in finance and banking. He earned an MBA with distinction from Duke University’s Fuqua School of Business, graduating as a Fuqua Scholar with dual concentrations in corporate finance and investments. While at Duke, he also earned Fuqua’s Certificate of Academic Excellence in Finance.
Derek Taner is the lead portfolio manager for the Invesco Global Health Care team.
Mr. Taner joined Invesco in 2005. Previously, he worked for Franklin Advisers Inc. as a portfolio manager on Franklin Templeton’s health care team from 2002 through 2005 — the final two years as lead manager. He began his investment career in 1993 as a fixed income analyst with Franklin Templeton and was promoted to assistant portfolio manager in 1997. In 2000, he joined the firm’s equity department and was named co-manager of its equity-income product.
Mr. Taner earned a BS degree in business administration with an emphasis in accounting and finance and an MBA from the Haas School of Business at the University of California (Berkeley). He is a CFA charterholder.
Mr. Tierney joined Invesco in 2010. Prior to joining the firm, he performed the same role for Van Kampen Unit Trusts since 2003. During his tenure with Van Kampen, he held positions within Van Kampen Consulting, business development, marketing services, mutual fund product management, and distribution, having started as a wholesaler with Van Kampen Merritt in 1984.
Prior to Van Kampen, Mr. Tierney spent four years with Merrill Lynch in Chicago as a financial advisor. He began his career as a high school business teacher and basketball coach in the Chicago suburbs. Mr. Tierney earned a Bachelor of Science degree in Marketing and a Master of Science degree in Business Education from Northern Illinois University.
David has been part of the Invesco Fixed Income team for over 10 years.
He is currently responsible for a team of global analysts based in London and Hong Kong, supporting the platform across multiple regions and markets. David joined Invesco as a Financial Sector analyst in 2004, covering European Banks and Insurance companies. His role developed to include credit strategy and portfolio management, running a variety of global and regional, co-mingled and institutional products.
Prior to joining Invesco he was a financial controller, responsible for a team reporting the books and records of the interest rate derivative traders at RBS. David has over twenty years’ experience in financial markets, which underpins his analysis and assessment of the systemic risks that have impacted credit spreads over recent years.
David holds a BA (Hons) in Geography from Nottingham University and is a qualified chartered accountant (ICAEW).
Nick Tolchard is a member of the Invesco EMEA leadership team and Head of Middle East. Included among his other distribution responsibilities is the global leadership of Invesco’s Sovereign Investor Group, which includes sovereign wealth funds, central banks and government pension funds.
Over 15 years with Invesco, Mr. Tolchard has led distribution teams across international institutional and retail markets, including the building of our Middle East business, which has grown to over $25 billion AUM. Mr. Tolchard spent time living in Dubai when he opened Invesco’s first Middle East office, in the Dubai International Financial Centre, where he was also a founding member of the DIFC Wealth Management Advisory Council.
Mr. Tolchard now chairs The City UK Middle East Advisory Group and is a member of its International Trade and Investment Group. He is a regular member of UK Ministerial business delegations and is quoted regularly in global media on sovereign investment and Middle East issues.
Mr. Tolchard has 30 years of experience in the asset management industry, having previously worked at Fidelity Investments and Hill Samuel Asset Management. He is a Governor and Endowment Fund trustee of Clifton College in the UK, as an alumnus, and earned his degree in geophysics from Southampton University.
Jason Trujillo is a Senior Analyst with Invesco Fixed Income. He is responsible for the analysis and investment recommendations for emerging markets corporate bonds.
Mr. Trujillo joined Invesco in 2013. Previously, he was with Lord Abbett as an associate portfolio manager for their Taxable Fixed Income Group. Mr. Trujillo also worked as a senior investment analyst at Duggan Asset Management and was a vice president for the fixed income division of Nomura Securities International.
Mr. Trujillo earned a BS degree in business management from North Carolina State University. He also earned an MBA from The Fuqua School of Business at Duke University.
Stephen J. Toy is Managing Director of WL Ross & Co. LLC and member of the Office of the Chairman and Chairman of the Investment Committee. Mr. Toy primarily focuses on the firm’s distressed private equity investments. Prior to WL Ross & Co. LLC, his background includes mergers and acquisitions and corporate restructuring advisory at Rothschild Inc. and public finance advisory at O’Brien Partners Inc.
Mr. Toy holds a Bachelor of Science degree in Business Administration from the State University of New York at Albany.
Darin Turner is a portfolio manager and member of the Real Estate Securities Portfolio Management and Research team with Invesco Real Estate. His current duties involve evaluating structured real estate securities with a focus on fixed income instruments such as commercial mortgage-backed securities, corporate debt and corporate preferred stock. He also provides tenant and credit-quality analysis, capital-structure analysis and debt-pricing analysis for equity portfolios. He joined Invesco in 2005 as an acquisitions analyst for direct property investments and later served as an associate portfolio manager for Invesco Real Estate.
Mr. Turner has been in the industry since 2003 and previously was a financial analyst in the corporate finance group at ORIX Capital Markets.
Mr. Turner earned a BBA in finance from Baylor University, an MS degree in real estate from the University of Texas at Arlington and an MBA specializing in investments from Southern Methodist University.
Mark Uptigrove is lead portfolio manager for Invesco Endeavor Fund.
Mr. Uptigrove joined Invesco in 2005 as an investment analyst and was promoted to portfolio manager in 2008. He began his career in 1998 as an equity research associate for CIBC World Markets. Mr. Uptigrove subsequently joined Goldman Sachs International in London and most recently worked as an equity analyst for Morningstar. He entered the industry in 1998.
Mr. Uptigrove earned a BA degree from the University of Western Ontario and an MBA from the Richard Ivey School of Business. He is a CFA charterholder.
Ray has been in the investment management industry since 1993. He has experience in a variety of functions including global fixed income trading, credit research, and currency trading and analysis.
Ray worked at Hartford Investment Management (HIMCO) for eight years prior to joining Invesco in 2012. At HIMCO, he was a lead portfolio manager for non-US dollar-based fixed income portfolios and as Head of Fixed Income Trading, he managed a centralized platform of traders across multiple fixed income sectors. Before joining HIMCO, Ray spent six years within at Mackay Shields in New York and five years at Fiduciary Trust.
He has a BBA from Hofstra University, New York and he is a CFA charterholder.
Senior Analyst Jon Vogler draws on extensive pension expertise to offer retirement thought leadership for Invesco. In addition to writing Invesco’s Retirement blog, he tracks legislative and regulatory developments and contributes as a writer and editor to a variety of retirement-related Invesco communications.
Prior to joining Invesco in 2008, Jon spent more than 25 years in the research, writing, compliance and underwriting areas of the retirement services industry, including roles as a senior consultant at Mutual Benefit Life’s pension consulting firm and as a compliance manager in the Automatic Data Processing retirement services division.
Jon earned the Fellow, Life Management Institute (FLMI) and Competent Toastmaster (CTM) designations. He has a B.A. in History from Rutgers, The State University of New Jersey.
Erik Voss is a senior portfolio manager for Invesco large-cap growth strategies. He joined the company in 2010.
Prior to joining Invesco, Mr. Voss was a portfolio manager with J&W Seligman Investments, focusing on growth equity portfolios. As leader of the Seligman Growth team, he managed eight sector analysts and implemented a process he has developed over his career. Previously, he worked on teams at Conseco Capital and at Wells Capital Management, where he managed two large-cap growth portfolios. Before Wells Capital, he was an analyst for Gardner Lewis Asset Management, where he researched and invested in stocks of all market capitalizations and across multiple industries.
Mr. Voss earned a BS degree in mathematics and an MS degree in finance, both from the University of Wisconsin, where he was also a member of the Applied Securities Program. He is a CFA charterholder.
Rob Waldner is chief strategist and head of the Multi-Sector team for Invesco Fixed Income. Mr. Waldner is responsible for facilitating the overall macro investment strategy for the fixed income platform and for oversight of the multi-sector portfolio construction process. He joined Invesco in 2013.
Prior to joining Invesco, Mr. Waldner was with Franklin Templeton for 17 years. At Franklin Templeton, he was a senior strategist and senior portfolio manager responsible for Absolute Return, Global Aggregate and US Core Plus portfolios. Previously, Mr. Waldner was a member of the Macro team at Omega Advisors and a portfolio manager with Glaxo (Bermuda) Ltd. He entered the industry in 1986.
Mr. Waldner earned a BSE degree in civil engineering from Princeton University in 1986. He is also a CFA charterholder.
Meggan Walsh is a senior portfolio manager for Invesco and head of the Dividend Value team.
Ms. Walsh is the architect of Invesco’s diversified dividend investment process, established in 2002 as Invesco Diversified Dividend Fund. Her professional investment experience includes more than 10 years as a fixed income manager and more than 12 years as an equity manager.
Ms. Walsh has been in the investment business since 1987. She joined Invesco in 1991 as a trader of short-term taxable fixed income securities and was promoted to vice president and portfolio manager in the long-term fixed income area in 1992. In 1998, Ms. Walsh assumed portfolio management duties in Invesco’s equity department. She earned a promotion to senior portfolio manager in 2000.
Prior to joining Invesco, Ms. Walsh managed money market securities and conducted financial analysis for Nationale Nederlanden, N.A., a multinational financial service organization.
A native of Annapolis, Md., Ms. Walsh earned a BS in finance from the University of Maryland and an MBA from Loyola University Maryland. She is a CFA charterholder.
Betsy Warrick is Senior Vice President of Invesco Trust Company, responsible for servicing institutional clients, record-keepers, third-party administrators, broker-dealers and other intermediaries.
Ms. Warrick joined Invesco Trust Company in 2006. Prior to this she was employed by Invesco Retirement, Inc. for six years, most recently as director of strategic planning and director of service development. Prior to joining Invesco, she was employed by the Dun & Bradstreet Corporation (D&B) for 12 years. She held several positions with D&B including call center manager, director of information resources, district manager, project manager, regional trainer, divisional operations manager and business analyst.
Ms. Warrick earned her MBA from Georgia State University, Robinson College of Business and her BS degree from Minnesota State at Mankato with a double major in marketing and international business. She is a board member of Invesco’s Defined Contribution Institute.
Donna Chapman Wilson is a director of Portfolio Management responsible for the client portfolio management team in the US for Invesco Quantitative Strategies (IQS).
IQS manages a variety of equity strategies, including enhanced, active core, low volatility, and long/short, on a regional and global basis. She also serves as a member of IQS’s management team responsible for strategic planning and direction.
Ms. Chapman Wilson has almost 20 years of experience in the investment management industry. She joined Invesco in 1997 and worked with the fundamental growth equity teams before moving to the quantitative strategies team in 1999. Prior to joining Invesco, she held positions with J.P. Morgan, General Motors Asset Management, Mercer Investment Consulting and the Federal Reserve Board of Governors.
Ms. Chapman Wilson earned an MBA in finance from the Wharton School of the University of Pennsylvania and a BA in economics from Hampton University.
Scott Wolle is the chief investment officer (CIO) and a portfolio manager for the Invesco Global Asset Allocation team, which invests in stock, bond and commodity markets worldwide.
Mr. Wolle joined Invesco in 1999 as an analyst and portfolio manager, and became a member of the Global Asset Allocation team in 2001. He assumed his current role in 2005. He began his investment management career in 1991 with Bank of America.
Mr. Wolle graduated magna cum laude from Virginia Tech with a degree in finance. He earned an MBA from the Fuqua School of Business at Duke University, with the distinction of Fuqua Scholar. He is a CFA charterholder.
Tony Wong is head of Global Credit Research for Invesco Fixed Income. He is responsible for providing senior management oversight of Invesco Fixed Income’s global credit research organization. Mr. Wong directs the credit research process and investment management related support activities across Invesco Fixed Income’s liquidity management, stable value, municipals, and global broad fixed income businesses, encompassing both investment grade and high yield credits. He is also a member of Invesco Fixed Income’s Global Investment Policy Committee.
At the corporate level, Mr. Wong provides oversight and risk management support for various counterparty credit risk related activities. He is a member of Invesco Ltd.’s Corporate Risk Management Committee. Externally, Mr. Wong is actively involved with US regulatory affairs related to the cash management industry. He is a senior advisor to the Investment Company Institute’s Money Market Working Group. Outside the US, he sits on the Institutional Money Market Funds Association’s special committee on Systemic Risk.
Mr. Wong joined Invesco in 1996 as a fixed income credit research analyst focusing on the analysis of corporations and financial institutions. Prior to Invesco, Mr. Wong was in corporate finance as a business analyst with Healthcare Realty Trust. Mr. Wong earned a BBA and a BA in history from Southern Methodist University in Dallas. He also earned an MBA from University of St. Thomas in Houston.
William Yuen joined Invesco in June 2004 as a fund manager and is currently Associate Director, based in Hong Kong. Mr. Yuen covered Asia ex-Japan markets at Merrill Lynch Investment Managers from October 1999 to June 2004.
Prior to that, he was a research analyst at RCP & Partners, a consulting firm. He holds the Chartered Financial Analyst designation.
He earned a Master of Commerce degree and a Bachelor of Economics degree from the University of Sydney, Australia.
Clayton Zacharias is a portfolio manager of Invesco Endeavor Fund.
Mr. Zacharias joined Invesco in 2002 as an investment analyst and became portfolio manager in 2006. He began his career in the industry in 1994 at PricewaterhouseCoopers, where he worked in progressive roles as a senior associate, manager and vice president in the corporate finance and investment banking group.
Mr. Zacharias earned a BBA from Simon Fraser University. He holds a Chartered Accountant
Designation and is a CFA charterholder.