Invesco PowerShares Exec Recognized With ETP Icon Award
May 15 2012 - 10:35AM
Marketwired
Invesco PowerShares Capital Management LLC, a leading global
provider of exchange-traded funds (ETFs), today announced that Ed
McRedmond, senior vice president of institutional & portfolio
strategies was presented with a 2012 ETP Icon of the Industry Award
at the 8th Annual Global ETF Awards® Dinner held recently in New
York City.
The ETP Icons of the Industry Awards is an award to recognize
those individuals who have left an impression on the industry and
have helped promote the development of the ETP (exchange-traded
product) marketplace. Over 560 ETP industry votes were cast and
eleven winners selected from a list of nominees whose names were
chosen in a survey held by Exchangetradedfunds.com. The purpose of
the awards is not only to recognize individual contribution to the
Global ETP Marketplace, but also to act as a fundraiser for
charities. This year, the charity selected to receive the proceeds
generated by this event is Habitat for Humanity International.
"It is an honor to be recognized by industry peers with an ETP
Icon of the Industry Award," said Ed McRedmond, Senior Vice
President, Institutional & Portfolio Strategies. "We at Invesco
PowerShares firmly believe that investor education is instrumental
to furthering the development of the ETP industry and it's always
gratifying to be recognized for these efforts."
Ed 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 two-time winner (2009 and 2008) of
the award for Contribution to the ETF Sector at the Capital Link
Closed-End Funds and Global ETF Awards Conference, and was also an
Honorable Mention recipient in 2007. Mr. McRedmond previously
worked at A.G. Edwards, where he was a member of the Allocation
Advisors Investment Committee and also served as senior analyst
covering exchange-traded funds and closed-end funds. He was a key
part of the team that launched and managed the AG Edwards
discretionary ETF-wrap portfolios.
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 $72 billion as of March
31, 2011, 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 is a leading independent global investment manager,
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 company is listed on the New York Stock Exchange
under the symbol IVZ. Additional information is available at
www.invesco.com.
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.
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 Distributors, Inc. is the distributor of the PowerShares
Exchange-Traded Fund Trusts.
Note: Not all products available through all firms.
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.
An investor should consider the Fund's
investment objective, risks, charges and expenses carefully before
investing. For this and more complete information about the Fund
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 Cohn & Wolfe
212.798.9864 Email Contact Bill Conboy 303-415-2290 Email
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