Invesco PowerShares Exec Recognized With Two ETP Industry Awards
May 08 2013 - 9:30AM
Marketwired
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 year.
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 and ETPs/ETFs.
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® 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 www.invesco.com.
Invesco Distributors, Inc. is the distributor of the PowerShares
Exchange-Traded Fund Trusts. PowerShares® 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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Media Contacts: Kristin Sadlon Porter Novelli
212-601-8192 Email Contact Bill Conboy 303-415-2290 Email
Contact
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