- The move comes as PowerShares (a unit of NYSE:IVZ) takes over management of the funds from what had been a joint arrangement with Deutsche Asset & Wealth Management.
- PowerShares: "There may be increases in the spread they quote between offers to buy and sell shares ... In addition, there could be a significant variation between the market price at which shares are traded and the shares’ net asset value ... Invesco believes that any potential impact to the market in shares of the funds will not extend beyond the time of the suspension.”
- Those affected: DBC, DBV, DBE, DBO, DBP, DGL, DBS, DBB, DBA, UUP, UDN.