Karim Awenat has been promoted to head of EMEA and APAC macro trading at Invesco, which has assets under management of US$1.6 trillion. Awenat was previously head of fixed income trading for London at the firm, having joined the company in 2015. His new role also expands into listed and over-the-counter (OTC) derivatives.
He is a prominent member of the buy-side trading community, working as a member of the Financial & FICC Markets Standards Boards for close to five years, as well as an advisor at events including WBR’s Fixed Income Leaders Summit. In 2022 his team were named ‘Best Buy-Side Fixed Income Trading Desk’ in the European Market Choice Awards.
Before joining Invesco, Awenat was an executive director at JP Morgan for a decade, working across UK cross asset sales as a credit specialist, in UK credit sales as a derivative specialist and as head of credit exotics and hybrids Asia. He Joined JPM from Goldman Sachs where he worked as a credit trader covering correlation, exotics and emerging markets.
“As Invesco looks to strengthen our Global Trading model and advance interoperability and global practices, we will now have integrated teams aligned to address all investor trading needs across OTC and exchange traded derivatives (ETD) instruments,” said a spokesperson. “As a result, Karim will take on additional responsibilities for all OTC and ETD instruments in EMEA and APAC in addition to his current trading mandate.”
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