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Invesco PowerShares celebrates 10 years of growth

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Invesco PowerShares is celebrating 10 years of offering value-added, smart beta exchange-traded funds, which are one of the fastest growing investment products in the worldwide financial marketplace today.

 
As of 31 December 2012, 1,236 ETFs were listed in the US with USD1.33trn in assets, up from two products with only USD1bn in assets in 1995, according to Bloomberg.
 
Invesco PowerShares Capital Management was founded in 2003 with the launch of the first two Dynamic exchange-traded funds (ETFs). The company now boasts a family of more than 160 domestic and international index-based ETFs and exchange-traded notes (ETNs), with franchise assets of over USD71 billion as of 31 December 2012.
 
Integration with Invesco Ltd since 2006 continues to give Invesco PowerShares a global presence where PowerShares ETFs are now owned and listed on multiple exchanges throughout the world. In 2010, Invesco Ltd. also acquired the Chicagoland based business of Van Kampen. These two colleagues in the western Chicago region will be moving to a single office, laying the foundation for better collaboration, improved productivity and a greater presence in the Chicago area. The office comprises Invesco’s unit investment trust, PowerShares ETF, municipal loan and bank loan businesses which comprises approximately USD150bn in assets under management.
 
Effective 15 July 2013, Invesco PowerShares’ new address will be 3500 Lacey Road, Downers Grove, Illinois, US. Telephone numbers remain the same. The single Chicago area office is home to over 300 employees and is located just 20 miles west of Chicago and away from both of Chicago’s main airports.

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