Dan Draper Of Invesco And Global Head Of ETFs Signs On To AlphaPoint Board
AlphaPoint announced on Sept. 18, 2018, Dan Draper, the managing director at Invesco and Global Head of Exchange Traded Funds (ETFs), to its Board of Directors. The leading blockchain technology company helps institutions issue digital assets and run digitized asset exchanges worldwide on a scalable basis.
Also the President at Invesco Capital Management LLC since 2013, Dan brings into the company tremendous skill. He has helped spur the growth of Invesco ETF business to the world’s fourth largest ETF issuer.
As a result, this has seen the entity boast a net valuation of over $220B in assets, thanks to his visionary management. Dan is behind the expansion and performance of prominent commercial products like the Invesco QQQ that tracks the NASDAQ 100 index.
More On Dan Draper
Previously, Dan Draper has devoted approximately 20 years in Asia and Europe leading investment banking, asset control, and wealth management positions in many enterprises. This includes UBS, Barclays, Salomon Brothers, Credit Suisse, and Goldman Sachs among others. He is also a Finance Leader’s Fellow at the Aspen Institute. Besides, he is also a member of Aspen Global Leaders Network.
According to Salil Donde, AlphaPoint CEO, his appointment is regarded as a strategic and well-positioned move to help the firm leverage itself in creating data and assets.
The aim is to establish contemporary investment products and drive the company’s growth to great heights. On his appointment, Draper reiterated that the breakthrough to have financial products linked to digital assets including cryptocurrencies is already a process ongoing.
Alpha The Tech Leader In The Industry
Alpha is a tech and data industry leader, driving to the next generation the evolution of financial products for many institutions and other retail investors. With his decades of experience, Dan sees the opportunity to join the board will enable him to contribute in creating financial products, diversify ETFs, and help upscale the business always.
He joins the board at a time AlphaPoint just introduced AlphaPoint Smart Baskets TM and AlphaPoint Indexes TM products. These services aim to help exchange operators to create and add vibrant investment products supported by a set of digital assets in the market.
Dan successfully helped execute three acquisitions; Source ETFs in EMEA, Deutsche Bank Commodities ETFs and Guggenheim ETFs in the US. As a result, this jointly contributed to over $80 billion in assets under his management with ETF global revenues growing by 150% to over $40 billion in net assets since he took over in 2013.
AlphaPoint is a reputable global financial technology organization that provides a wide variety of services to many institutions that make illiquid assets become liquid.
AlphaPoint enjoys a broad customer base, thanks to its ability to digitize assets, unveil and operate markets using its white label exchange comprising asset digitization technology. The company is an award-winning blockchain technology giant that helps institutions establish and execute blockchain strategies from way back in 2013.
The big question being will Mr. Draper be in a position to pave the way to enable AlphaPoint to offer the cryptocurrency ETF’s?
To learn and access more information about AlphaPoint Indexes, AlphaPoint Smart Basket technology, data, and many other updates, you can visit AlphaPoint.com.