CHICAGO, IL--(Marketwired - May 8, 2013) - 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.
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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.
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