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 |
|
Wednesday, November 10, 2010 Putnam's Earnings and Assets Climb Putnam's assets are again on the rise and its net loss almost disappeared last quarter. Today the Boston-based mutual fund firm's Canadian parent, Great-West Lifeco, revealed in the supplement to its third quarter earnings report that Putnam's assets under management climbed from $113.597 billion on September 30, 2009 and $109.661 billion on June 30, 2010 to $119.715 billion on September 30, 2010. Bob Reynolds and his team also reduced Putnam's net loss from $10 million in Q3 2009 and $26 million in Q2 2010 to $1 million in Q3 2010. Printed from: MFWire.com/story.asp?s=33991 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |