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Although Putnam Investments itself is not a public company, GWL and Power are traded on the Toronto Stock Exchange.
Franklin Templeton Establishes a Strategic Partnership with Power Corporation of Canada and Great-West Lifeco; Franklin Templeton to Acquire Putnam Investments.
Putnam Investment has more than 100 mutual funds and 60 institutional strategies across a range of asset classes and investment styles.
Franklin Templeton is acquiring Putnam Investments from Great-West Lifeco, a deal that will combine two of the largest asset management firms in the U.S.
Putnam is an active asset manager providing investment advice across all asset classes to individuals and institutions worldwide through separately managed accounts and pooled investment funds. Based in Boston, Putnam also has offices in Europe, Asia and Australia.
Putnam Investments ? ETFs, Mutual Funds, Institutional, and 529. Putnam is the only fund family ranked in the top 10 by Barron's across all time periods. Barron's list of Best Fund Families, 2023. Out of 47 firms (10 year), 49 firms (5 year), and 49 firms (1 year).
Robert Reynolds serves as the CEO / President of Putnam Investments.
As of September 2023, the Vanguard Group was the world's largest mutual fund company, with around 6.1 trillion U.S. dollars of mutual fund assets under management (AUM). Rounding out the top three were BlackRock inc with 2.3 trillion U.S. dollars of AUM, and Fidelity Investments with 2.2 trillion U.S. dollars of AUM.
Franklin Templeton is acquiring Putnam Investments from Great-West Lifeco, a deal that will combine two of the largest asset management firms in the U.S.
The number of mutual funds globally increased from approximately 66,400 in 2009 to approximately 137,892 in 2022.