Pimco Total Return Wins Top Capital Link Award

The best and brightest in ETF Land were honored in New York recently.

The Pimco Total Return ETF (BOND) captured the top prize at Capital Link’s annual ETF conference in New York recently. BOND won the award for Most Innovative Exchange-Traded Fund in 2012. The award was presented at the 12th annual Capital Link Closed-End Funds and Global ETFs Forum at the Metropolitan Club last month.

The awards are based on nominations by a committee of analysts and industry specialists who actively follow the products. Capital Link isn’t part of the nominating committee nor can members of the committee be candidates for the awards. Capital Link also gave out awards to the closed-end fund industry, but that doesn’t interest me.

iShares cleaned up by winning the rest of the slate. iShares and Blackrock, its parent company, won Best Shareholder Relations by an Exchange-Traded Product (ETP) Sponsor. This is award to the sponsor who practices the best financial disclosure and is proactive in shareholder communications. iShares/Blackrock also won Best Investor Relations Website in 2012.

The award for Most Innovative Index/Index-based ETF in 2012 went to iShares Morningstar Multi Asset Income Index Fund (IYLD)

Ed McRedmond, senior vice president of institutional and portfolio strategies at Invesco PowerShares, was awarded for “Contribution to the Exchange-Traded Fund Sector” for the third time. He also won in 2008 and 2009. This is given to the individual whose work contributed most to the ETF sector in the given year. McRedmond was also recognized a week earlier at the 9th Annual Global ETF Awards with an “ETP Icon of the Industry Award” for the second time. The ETP Icons of the Industry Awards recognizes individuals who have helped promote the development of the ETP marketplace.

“Investor education has always been our hallmark at Invesco PowerShares, ” said McRedmond in a written statement. “We strive to build relationships using multiple touch points to educate investors about the many beneficial ways ETFs can be used as portfolio tools. It’s truly an honor to be recognized with these awards by the many wonderful and talented people we work with each day to further the development of the ETP industry, and reflects the cumulative efforts of all my Invesco PowerShares colleagues.”

McRedmond, who joined Invesco PowerShares in 2005, works to increase the awareness and usage of ETFs by working with analysts, due-diligence groups and portfolio managers.

The analysis team at Morgan Stanley Smith Barney won the Best Research Analyst/Team for Exchange Traded Products in 2012 for the second year in a row. The team consists of Michael Jabara, David Perlman, and Stephen Minar.

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