Invesco Considers Australian ETF’s
Invesco is considering some of its PowerShares suite of ETFs for the Australian market, Invesco Australia chief said. Global asset manager Invesco is considering bringing some of its PowerShares suite of exchange-traded funds (ETFs) to the Australian market, Invesco Australia chief executive Mick O’Brien told InvestorDaily.
“If you look at our [global] product range, you can invest in particular industries or sectors or sub-sectors or into particular themes like global water, global clean energy and other forms of renewable energy including nuclear and wind,” he said.
“Our product range also covers commodities like metals, agriculture, oil or coal, so it gives you easy access to an investment idea or theme.”
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“I think the things that Australian investors might like is things like a commodities ETF, as it’s a way of playing the commodities cycle but not having the company risk of say investing in BHP Billiton and Rio Tinto.”
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