PowerShares Capital Management LLC has completed its merger with AMVESCAP.
“AMVESCAP’s global distribution network, long-standing relationships with advisors, and brand equity will greatly accelerate the availability of PowerShares ETFs to investors,” says Bruce Bond, the President and CEO of PowerShares Capital Management. “On behalf of PowerShares management and staff, we are excited about joining the AMVESCAP team headed by Marty Flanagan, and look forward to the many synergies and growth opportunities that can be achieved by the merger.”