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R.R. Donnelley & Sons Company Message Board

  • chi_man_us chi_man_us Dec 3, 2003 9:38 AM Flag

    Invesco

    They are now on the SEC's list for "improper" activities.
    Invesco's management issued statement yesterday on their web site indicating no wrong-doing.
    Now, employees have something else to worry about; their 401-k's.

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    • This thing with Invesco/AIM seems to be DYNAMIC fund group only which should not weigh on RRD 401 plans.
      Really not a big deal, as you probably know Invesco has a policy where you have only a few transactions as far as moving funds from one group to another or withdrawls, after this they charge a fee, Problem for some high end investors, they were not charging a fee.
      What they did was not Illegal but Unethical.
      I have tracked this company for 10 years with RRD and for past 3 since I have been gone and I see no problems from my accounts, always have been a bit avove average S&P and a bit below the loss level.
      A very good company indeed.
      One wishes RRD would be managed with the same attention to detail

      Mike

 
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