Why millions are sharing BPs pain
EXCERPT:
Mr Sergeant wondered whether BP's Gulf of Mexico crisis would turn out to be a similar "once in a lifetime" opportunity. "BP has a strong balance sheet with over $100bn of equity, modest debt and $40bn of annual cash flow, so it can afford these costs," he said. "I suspect that longer-term investors are buying BP shares." In fact, its shares were a popular buy among private investors towards the end of the week.

If they are right, it will be good news for shareholders, tracker fund investors and lazy fund managers who do nothing more than mimic the stock market index.

Sec Spitzer charge Invesco and CEO with civil fraud
EXCERPT:
While market timing isn't necessarily illegal, it can hurt long-term shareholders in a fund. The trading can be fraudulent if a fund company prohibits the practice but allows privileged clients or employees to engage in it.

In the complaint, Spitzer named, but did not charge, Timothy Miller, Invesco's chief investment officer; Thomas Kolbe, senior vice president of sales and Michael Legoski, who monitored the "special situations."

Invesco provides Canadian investors with unprecedented access
EXCERPT:
"Being part of Invesco enables us to bring a sophisticated product like Invesco Intactive Portfolios to the Canadian marketplace," said Jamie Kingston, Senior Vice President of Product Management and Development at Invesco Trimark, a subsidiary of Invesco. With over US$550 billion(x) in assets under management, Invesco is one of the world's largest independent investment managers. "By bringing together specialized investment capabilities from around the world of Invesco in a single investment solution, we can effectively address the evolving needs of investors."

Invesco and BP
EXCERPT:
LONDON | Fri Jun 11, 2010 10:58am BST

LONDON (Reuters) - Invesco Perpetual investment chief Neil Woodford has reaped the benefits of a bet last year against BP, with his UK income funds the only ones in their sector to turn a profit in the last month, Lipper data showed on Friday.

As BP (BP.L) faces political headwinds and an avalanche of costs and bad PR associated with the oil spill in the Gulf of Mexico, much has been made of the widespread impact on investors large and small.