Thread: Oops

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  1. #1
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    Nov 2011
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    Oops

    Just saw story that Invesco forgot to rebalance it equal weight S&P 500 mutual fund in April. It apparently cost the investors 105 million so Invesco had to put that into the mutual fund. I’m pretty sure someone lost a job over that boo boo.

  2. Moderator 200xp's Avatar
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    Jun 2004
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    Buckeye State
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    #2
    wow...I would venture a guess that more than one employee is now unemployed.
    What we cannot obtain from intelligence, we can learn from experience.