FYI: Bruce Bond founded PowerShares with John Southard back in 2003, building it into one of the largest independent ETF issuers before selling it to Invesco in 2006. More recently, he and Southard bought Innovator ETFs, which currently offers just one ETF, the $317 million Innovator IBD 50 ETF (FFTY). Bond and Southard have plans to expand that business in multiple directions, even if it’s a very different environment for new issuers today.
Regards,
Ted
http://www.etf.com/sections/features-and-news/powershares-founder-bruce-bond-back?nopaging=1