Invesco CEO on Private Assets, QQQ Growth and Nasdaq Partnership

Invesco President and CEO Andrew Schlossberg says clients are leaning into market volatility and sees the QQQ as a key US bellwether.

In an interview on Bloomberg Open Interest, Schlossberg noted that investors are increasingly using periods of volatility to rebalance portfolios and seek opportunities in private assets. He emphasized the QQQ, the Invesco QQQ Trust that tracks the Nasdaq-100, as a bellwether for US growth and innovation. The ETF has seen significant inflows as clients look for exposure to large-cap tech and growth stocks.

For stock market traders, the QQQ's performance is closely watched as a proxy for the tech sector, which drives a substantial portion of US equity returns. Schlossberg's comments suggest that institutional and retail investors alike are positioning for continued volatility, potentially supporting demand for both public equities and private market investments. On NowPrice, live prices and charts show how the QQQ and other major ETFs are reacting to these trends.

Looking ahead, Schlossberg discussed Invesco's partnership with Nasdaq, which aims to enhance product offerings and distribution. The collaboration could lead to new ETFs or index-based strategies, providing traders with more tools to navigate uncertain markets. Investors should monitor flows into QQQ and other Invesco products for clues on risk appetite and sector rotation.