Invesco eyes strong Nordic interest in new blockchain ETF

The asset manager's product head expects strong Nordic inflow after meetings with Finnish and Swedish clients ahead of today's product launch alongside Elwood Asset Management.

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US-based investment firm Invesco is launching an ETF designed to target companies with potential to generate real earnings from blockchain technology. The ETF is developed in collaboration with Elwood Asset Management, a London-based investment firm specializing in blockchain.  

According to Chris Mellor, head of EMEA ETF equity product management at Invesco, initial discussions with Nordic clients of the EUR 829bn asset manager have been encouraging:

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