, owned by Canadian insurance giant
, posted a net loss of $35 million in the fourth quarter compared with a net loss of $1.1 billion
in the same period last year.
The Boston fund firm saw net asset flows in the fourth quarter increase by $6 billion compared to the year-ago period.
At the end of 2009, Putnam had $114.9 billion of AUM, up from
$113.5 billion at the end of September and $105.6 billion at the
end of 2008.
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