Karen Dunn Kelley, Top Women In Asset Management Awards Winner
Karen Dunn Kelley has spent the majority of her career at Invesco where she's risen to lead its fixed income business and global equities investment teams.
She joined the firm in 1989 as a money market portfolio manager, and just three years later, was named chief money market and government officer.
In April 2007, she was named CEO of Invesco's newly combined fixed income division.
While her roles have evolved, Kelley's interest and passion for the fiduciary nature of the industry has been consistent. Some of her biggest contributions have focused on clarifying fiduciary issues related to money markets, as she's been a vocal proponent of ensuring that money market funds remain investment options for institutional and retail investors.
Risk management has gained great importance today, she says. "When I started, ETFs didn't even exist. Risk wasn't the big buzzword it is now, for example, and the fiduciary nature of asset management wasn't nearly as much of a focus."
Kelley says she's learned that as long as fund providers have a strong fiduciary process, then they'll get the right product into the right hands through the right channels. To best meet client needs, she says the industry must react to the regulatory environment without losing sight of fiduciary responsibilities.
Since 2010, Kelley has been instrumental in developing and expanding the firm's Women's Network, where she works with Invesco senior leaders to identify opportunities to help advance women in their careers.