Invesco PowerShares Exec Recognized With ETP Icon Award

Tue May 15, 2012 10:36am EDT

* Reuters is not responsible for the content in this press release.

  CHICAGO, IL, May 15 (Marketwire) -- 
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(R) 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 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

    "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

    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 $72 billion as of March 31, 2011, PowerShares ETFs trade on
both U.S. stock exchanges. For more information, please visit us at 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

    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

    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(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.

    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 for a prospectus. Please read the prospectus
carefully before investing. 

Media Contacts:

Kristin Sadlon 
Cohn & Wolfe

Bill Conboy

Copyright 2012, Marketwire, All rights reserved.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.