MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, February 11, 2010 Putnam Narrows its Q4 Loss Putnam Investments, owned by Canadian insurance giant Great-West Lifeco, 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. Printed from: MFWire.com/story.asp?s=23827 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |