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Putnam Investment has more than 100 mutual funds and 60 institutional strategies across a range of asset classes and investment styles.
Fund giant Franklin Templeton is buying Putnam Investments for $925 million and receiving a substantial investment from Great-West Lifeco, Putnam's parent company and a subsidiary of Power Corp. of Canada .
Franklin Templeton Establishes a Strategic Partnership with Power Corporation of Canada and Great-West Lifeco; Franklin Templeton to Acquire Putnam Investments.
Putnam is headquartered in Boston, Massachusetts and has offices in London, Tokyo, Frankfurt, Sydney, and Singapore.
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.
We have offices in Boston and Andover, Massachusetts, as well as in London, Frankfurt, Sydney, Singapore, & Tokyo.
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).
Founded in 1937, Putnam is a global asset management firm with $136 billion3 in AUM as of April 2023. Putnam has offices in Boston, London, Munich, Tokyo, Singapore and Sydney.
In addition to the Putnam acquisition, Franklin Templeton (ticker: BEN) and Power (TSX: POW) are entering into a long-term strategic partnership that will see the Canadian company transfer $25 billion in assets under management to Franklin Templeton over the next 12 months.