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Bruce Bond, Chief Executive Officer of PowerShares Capital Management, rings the opening bell.
 

Bruce Bond, Chief Executive Officer of PowerShares Capital Management, rings the opening bell.

Bruce Bond, Chief Executive Officer of PowerShares Capital Management, rings the opening bell.

Wednesday March 21, 2007
at Nasdaq's MarketSite
in Times Square, New York


PowerShares Capital Management

 
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Bruce Bond, Chief Executive Officer of PowerShares Capital Management (SUMR), presides over the market opening ceremony.

The Nasdaq Stock Market & PowerShares Capital Management celebrate the transfer of sponsorships for the NASDAQ-100 Index Tracking Stock(r) (Nasdaq:QQQQ), also known as QQQ(r), and the 4 BLDRS Index Funds Trust(sm) (Nasdaq:ADRE) (Nasdaq:ADRD) (Nasdaq:ADRU) (Nasdaq:ADRA) to PowerShares Capital Management, on Wednesday, March 21st. The existing NASDAQ-100 Index Tracking Stock will be renamed the PowerShares QQQ(tm) NASDAQ-100(r) and PowerShares will assume all marketing responsibilities for the funds.

PowerShares Capital Management LLC is passionate about its goal of efficiently delivering the highest quality institutional investment management services available. PowerShares is Leading the Intelligent ETF Revolution(r), providing investment advisors with institutional caliber asset management that seeks to replicate enhanced indexes in one of the more benefit rich investment vehicles available in the marketplace today, the exchange-traded fund. The firm is committed to theoretically sound portfolio construction and empirically verifiable investment management approaches. PowerShares' asset management philosophy and investment discipline are deeply rooted in the application of intuitive factor analysis and model implementation to enhance investment decisions.


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© Copyright 2007, The NASDAQ Stock Market, Inc.
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