Invesco PowerShares Exec Recognized With Two ETP Industry Awards
CHICAGO, IL -- (Marketwired) -- 05/08/13 -- Invesco PowerShares, a
leading provider of exchange-traded funds (ETFs), announced today
that Ed McRedmond, senior vice president of institutional & portfolio
strategies, recently received two exchange-traded product (ETP)
industry awards in recognition of his achievements over the past
Mr. McRedmond was recognized with an "ETP Icons of the Industry
Award" at the 9th Annual ETF Global Awards held in NYC on April 18,
2013. The ETP Icons of the Industry Awards recognize those
individuals who have left an impression on the industry and have
helped promote the development of the ETP marketplace.
He was also awarded for "Contribution to the Exchange-Traded Fund
Sector in 2012" at the 12th Annual Capital Link Closed-End Fund,
ETP/ETF & Analyst Awards held on April 24, 2013. The Capital Link
contribution to the ETF sector award is given to the individual whose
work contributed most to the ETF sector in the given year.
"Investor education has always been our hallmark at Invesco
PowerShares," said Mr. McRedmond. "We strive to build relationships
using multiple touchpoints to educate investors about the many
beneficial ways ETFs can be used as portfolio tools. It's truly an
honor to be recognized with these awards by the many wonderful and
talented people we work with each day to further the development of
the ETP industry, and reflects the cumulative efforts of all my
Invesco PowerShares colleagues."
Mr. McRedmond joined Invesco PowerShares in 2005 and works on
increasing the awareness and usage of ETFs within the various
distribution channels, with a focus on working with analysts,
due-diligence groups and portfolio managers using ETFs in various
investment strategies. He is a three-time winner of the Contribution
to the ETF Sector award (2012, 2009 and 2008) presented at the
Capital Link Closed-End Funds and Global ETF Awards Conference. He
has been recognized twice with ETP Icons of the Industry Awards (2013
and 2012) at the Annual ETF Global Awards conference.
The Annual ETF Global Awards celebrates outstanding achievements and
provides a forum in which topics of common interest are discussed and
new developments are shared by bringing together leading index
providers, product issuers, financial advisors, plan sponsors, asset
managers, academia and institutional participants. Its purpose is to
recognize those who have contributed to the development of the ETF
industry world-wide. Some awards are determined by votes and others
by statistical ranking information. Statistical rankings have been
conducted by several analysts. The votes are sent out to the ETF
Industry participants worldwide, and the results are a representation
of the views of the industry.
The Annual Closed End Fund & ETP/ETF Awards aims to identify and
recognize fund sponsors and executives who consistently apply high
standards of financial disclosure, innovation, and investor and
shareholder relations. The Awards are based on nominations by a
committee of analysts and industry specialists who actively follow
CEFs and ETP/ETFs. There are separate Nominating Committees for CEFs
There are risks involved with investing in ETFs, including possible
loss of money. Shares are not actively managed and are subject to
risks including those regarding short selling and margin maintenance
requirements. Ordinary brokerage commissions may apply.
Not FDIC Insured | May Lose Value | No Bank Guarantee
Shares are not individually redeemable and owners of the shares may
acquire those shares from the Fund and tender those shares for
redemption to the Fund in Creation Units only, typically consisting
of aggregations of 50,000 shares.
Invesco PowerShares Capital Management LLC is Leading the Intelligent
ETF Revolution(R) through its family of more than 140 domestic and
international exchange-traded funds, which seek to outperform
traditional benchmark indexes while providing advisors and investors
access to an innovative array of focused investment opportunities.
With franchise assets over $77 billion as of March 31, 2013,
PowerShares ETFs trade on both U.S. stock exchanges. For more
information, please visit us at invescopowershares.com or follow us
on Twitter @PowerShares.
Invesco, Ltd. Is a leading independent global investment management
firm, dedicated to helping investors worldwide achieve their
financial objectives. By delivering the combined power of our
distinctive investment management capabilities, Invesco provides a
wide range of investment strategies and vehicles to our retail,
institutional and high net worth clients around the world. Operating
in more than 20 countries, the firm is listed on the New York Stock
Exchange under the symbol IVZ. Additional information is available at
Invesco Distributors, Inc. is the distributor of the PowerShares
Exchange-Traded Fund Trusts. PowerShares(R) is a registered trademark
of Invesco PowerShares Capital Management LLC. Invesco PowerShares
Capital Management LLC and Invesco Distributors, Inc. are indirect,
wholly owned subsidiaries of Invesco Ltd.
Note: Not all products available through all firms.
An investor should consider the Funds' investment objectives, risks,
charges and expenses carefully before investing. For this and more
complete information about the Funds call 800 983 0903 or visit
invescopowershares.com for a prospectus. Please read the prospectus
carefully before investing.
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