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.
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.
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.