Bringing you live news and features since 2006 

PowerShares Canada tops USD3bn in AUM


PowerShares Canada has topped USD3bn in Canadian assets under management in its PowerShares ETFs and PowerShares Funds.

TSX-listed ETF assets have grown in excess of 25 per cent since December 2011 to over USD1bn, making the company the fastest-growing new exchange-traded fund provider in Canada.

"Our tremendous growth over the last year is a testament to our commitment and dedication to changing the Canadian ETF landscape," says Michael Cooke (pictured), head of distribution for PowerShares Canada.

Since June 2011, PowerShares Canada has launched 14 TSX-listed ETFs, complementing its line-up of 21 PowerShares mutual funds.

On 18 September, Cooke will join Invesco Canada president Peter Intraligi to ring the opening bell for the TSX, celebrating the recent launch of PowerShares Tactical Bond ETF, PowerShares Canada’s first actively managed ETF.

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