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Draper eyes Invesco ETF expansion into Europe

Following its acquisition by BlackRock, Dan Draper, the former head of ETFs at Credit Suisse has landed a larger role at Invesco PowerShares, where he is keeping half an eye on potential expansion in Europe.

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A little more than a year ago, Credit Suisse, then the second-largest provider of physical ETFs in Europe, announced it had beefed up its team by hiring new staff and was positioning itself for expansion, converting its swap-based products into physical ones.

Barely six months later, BlackRock, the world’s largest asset manager, announced it was to buy Credit Suisse’s ETF unit to boost its

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