Philip Armstrong, CFA

Head of Asset Backed Investments

Atlanta Metropolitan Area

About

Experience

  • Invesco Ltd. (10 yrs 11 mos)
    • Head of Asset Backed Investments
      Mar 2024 - Present · 2 yrs 4 mos

      • Provide oversight of portfolio manager/trader and credit analysts focused on all aspects of the public and private (4a2) ABS markets. • Primary responsibility for the management of approximately $27 billion in both single- and multi-sector strategies across both retail (ETF and Mutual Fund) and institutional mandates. • Direct responsibility for approximately $12.5 billion in ABS AUM allocated across high-quality flow sectors, as well as liquid credit, esoteric credit, and private placement securitizations. • Since inception (Sept. 2016), Lead Portfolio Manager of the $1.25 billion Invesco Variable Rate IG ETF (Ticker: VRIG), a Morningstar ultrashort ETF with a specific focus on cross-sector structured credit. The investment strategy has consistently ranked in the top quartile (top decile over longer periods) of its peer group. • Lead Portfolio Manager of the Invesco Income Fund, as of September 2023, a structured credit mutual fund with a broad cross-sector mandate allowing for investments including, but not limited to, ABS (public and private), CLO, CMBS, and MBS/RMBS. • Responsible for retail and institutional business development efforts for the ABS platform with secondary involvement in the broader structured investments business development efforts. • Led the development of Invesco’s private ABS investing platform and oversaw the first investments in the digital infrastructure sector. Additionally, responsible for the build-out of Invesco’s ABS liquid and esoteric credit investment capabilities. • Responsible for developing and cultivating relationships with sell-side traders, analysts, and sales coverage.

    • Co-Head of Asset Backed Portfolio Management
      Apr 2023 - Mar 2024 · 1 yr

    • Senior Portfolio Manager - Structured Investments
      Aug 2015 - Apr 2023 · 7 yrs 9 mos

  • BlackRock (Full-time · 5 yrs 2 mos)
    • Associate - Financial Markets Advisory
      Mar 2014 - Jul 2015 · 1 yr 5 mos

    • Associate - Portfolio Analytics Group
      Jun 2010 - Mar 2014 · 3 yrs 10 mos

  • Paralegal at Kelley Drye & Warren LLP
    Jul 2009 - Jun 2010 · 1 yr