Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A $1.18T-AUM AM Teams Up With the NCAA Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, November 08, 2019

A $1.18T-AUM AM Teams Up With the NCAA

Reported by Neil Anderson, Managing Editor

Leadership at a $1.18-trillion-AUM asset manager are making a multi-year deal supporting college sports in the U.S.

Andrew Ryan Schlossberg
Invesco Ltd.
Senior Managing Director, Head of EMEA, Incoming Head of the Americas
On Tuesday, Andrew Schlossberg, head of the Americas at Invesco [profile], and Dan Draper, Invesco's global head of ETFs, unveiled an NCAA marketing partnership, with CBS Sports and Turner Sports. The three-year partnership makes Invesco the "Official Asset Management Partner" of all NCAA championships and makes Invesco's flagship Invesco QQQ ETF the "Official ETF" of the NCAA; Invesco will now be part of the NCAA Corporate Champions and Partner Program.

Daniel Eugene Draper
Invesco
Managing Director, Global Head of Exchange Traded Funds
Pricing and terms of the partnership were not disclosed.

Tiffany Martin, associate director of corporate relationships at NCAA, Katy Chambers Mollica, vice president of NCAA partnerships at Turner Sports, and Devron Edwards, VP of NCAA partnerships at CBS Sports, did not immediately return calls for comment.

Jeaneen Terrio, an Invesco spokeswoman, puts the Invesco-NCAA partnership in the context of the Atlanta-based, publicly traded asset manager's "Greater Possibilities Together" market campaign. "The NCAA is a natural fit for Invesco," Schlossberg states. "Our partnership with the NCAA will bring greater possibilities through local community programs and financial literacy education."

Dan Gavitt, senior vice president of basketball at NCAA, adds that the Invesco-NCAA partnership "is especially exciting around financial literacy education for the benefit of student-athletes' future."

The partnership news comes after the NCAA's board of governors last week publicly kicked off a process to allow college athletes to get paid (through sponsorships), a change that could mean many college athletes soon find themselves with an increased immediate interest in financial literacy. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use