Invesco Hires BlackRock’s Tim Clavin for ETF Capital Markets
Invesco has hired BlackRock executive Tim Clavin to lead its ETF capital markets team in the Americas, marking a key addition to the firm’s growing exchange-traded fund operations.
Clavin Brings Decade of Industry Experience
Tim Clavin will join Invesco as Head of ETF Capital Markets, Americas, according to his LinkedIn profile, which lists a September 2026 start date. He announced the move publicly, stating he is “starting a new position as Head of ETF Capital Markets, Americas at Invesco.”
Clavin joins from BlackRock, where he served as a vice president for roughly two years. In that role, he led ETF trading solutions for institutional and wealth clients and was part of the U.S. ETF markets leadership team. Prior to BlackRock, he spent nearly a decade at The Vanguard Group, Inc., working in foreign exchange and rates trading, including a stint in London, before transitioning to index and ETF bond product management.
Capital Markets Role Supports ETF Liquidity
ETF capital markets teams coordinate with trading firms to ensure shares trade close to their net asset value. At Invesco, this function supports a suite of major funds, including five ETFs that collectively hold around $751 billion in assets, according to ETF Database.
The scope of trading activity varies across Invesco’s lineup. The Invesco QQQ Trust (QQQ) leads with $501.5 billion in assets and averages 37.2 million shares traded daily. Its lower-cost counterpart, the Invesco NASDAQ 100 ETF (QQQM), holds $110 billion and charges 0.15% annually, compared to 0.18% for QQQ, though both track the Nasdaq-100 Index.
The Invesco S&P 500 Equal Weight ETF (RSP) ranks third with $97.3 billion in assets. By distributing weight equally among S&P 500 constituents, RSP avoids overconcentration in the largest companies. It has attracted $13.7 billion in net inflows this year.
Factor Funds Round Out Top Holdings
Two factor-based ETFs complete Invesco’s top five, per ETF Database data. The Invesco S&P 500 Momentum ETF (SPMO) holds $23.5 billion in stocks with strong recent performance and is up 28.1% year to date. The Invesco S&P 500 Quality ETF (SPHQ) holds $18.8 billion in profitable, low-debt companies.
New investor interest has tilted toward lower-cost options. QQQM has drawn $22.2 billion in net inflows this year, more than five times the $4.1 billion that QQQ has received. This shift reflects a broader trend of investors seeking efficient access to popular benchmarks without paying premium fees.
