General Investing >> Money Manager Interviews >> July 26, 2010

Broad-basket Real Estate Exposure Strategies Through ETFs – Ed Mcredmond – Invesco Powershares Capital Management Llc

Ed McRedmond is Senior Vice President of Institutional & Portfolio Strategies at Invesco PowerShares Capital Management. At Invesco PowerShares, he works on increasing the awareness and usage of PowerShares 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. In addition, Mr. McRedmond oversees a team that services the institutional and international channels for PowerShares' U.S.-listed ETFs. He joined PowerShares in 2005 from A.G. Edwards, where he was Associate Vice President and a member of the Allocation Advisors Investment Committee. While at A.G. Edwards, Mr. McRedmond also served as Senior Analyst, covering exchange-traded funds and closed-end funds, and was a key part of the team that launched and managed A.G. Edwards' discretionary ETF-wrap portfolios. Mr. McRedmond was also a member of the St. Louis Financial Analysts Society. Prior to joining A.G. Edwards, Mr. McRedmond began his career at Charles Schwab, where he was a founding member and supervisor of the Active Trader Schwab 500 group. Mr. McRedmond has been quoted in numerous publications, such as Barron's, The Wall Street Journal, BusinessWeek, Forbes, Institutional Investor, The New York Times and Kiplinger's Personal Finance Magazine. In 2009 and 2008, he received the award for "Contribution to the ETF Sector" at the Capital Link Closed-End Funds and Global ETF Awards Conference. He was also an Honorable Mention recipient in 2007. Mr. McRedmond is a graduate of Quincy University, with a B.S. degree in economics and finance, and he was a two-time winner of the school's annual investment challenge for the top-performing student-selected portfolio. Profile
TWST: Please give us a bit of background on Invesco PowerShares.

Mr. McRedmond: Invesco PowerShares is one of the largest issuers of exchange-traded funds (ETFs). The firm was started in 2002, and a