Bringing you live news and features since 2006 

Invesco PowerShares secures exclusive license to four KBW indices


Invesco PowerShares, a provider of exchange-traded funds, has entered into an agreement with Keefe, Bruyette & Woods for exclusive licensing to four indices covering the financial services, real estate investment trust, and property and casualty insurance market sectors.

Invesco PowerShares anticipates listing the first of the new ETFs based on these indexes before the end of 2010.

The indices are: KBW Premium Yield Equity Reit Index, KBW Financial Sector Dividend Yield Index, KBW Global ex-US Financial Sector Index and KBW Property & Casualty Index.

“We are very excited to partner with KBW, a recognised leader in financial services company research, to provide investors unique ways to access the financial services sector,” says Ben Fulton, Invesco PowerShares managing director of global ETFs. “KBW is highly regarded for its expertise on the financial services sector, and we look forward to a long and successful global partnership.”

“There are many uncorrelated business risks within the financial services sector and these products allow market participants to better make and hedge investments directly into specific sub-sectors,” adds John Howard, co-head of research at KBW. “Invesco PowerShares has a strong reputation for providing investors with innovative and affordable ETFs and we are very pleased it has selected KBW as an index provider.”

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by