What happened to Putnam Investors fund?
Putnam Investments today announced that it is being acquired by Great-West Lifeco Inc., a subsidiary of Power Financial Corp. in Montreal, for $3.9 billion.
Is Putnam Investments still in business?
It is a subsidiary of Great-West Lifeco and as of June 2017 managed $183 billion in assets across 80 mutual funds, 100 institutional clients, and 5 million shareholders and participants. It is currently owned by the Power Financial Corporation.
Is Putnam a good investment?
After the introduction of its fund in 1937, Putnam Investments gradually evolved as one of the most renowned global financial investment companies. ... Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future.
Is Putnam Investments a hedge fund?
Putnam Investments, LLC is a global asset manager and retirement plan provider, offering investment management services across a range of equity, fixed income, global asset allocation and alternative strategies, including absolute return, risk parity and hedge funds for individuals and institutions.
Is Putnam Investments a good company?
Is Putnam Investments a good company to work for? Putnam Investments has an overall rating of 3.9 out of 5, based on over 381 reviews left anonymously by employees. 87% of employees would recommend working at Putnam Investments to a friend and 67% have a positive outlook for the business.
Does Putnam Investments still exist?
It is a subsidiary of Great-West Lifeco and as of June 2017 managed $183 billion in assets across 80 mutual funds, 100 institutional clients, and 5 million shareholders and participants. It is currently owned by the Power Financial Corporation.
Which is the best fund to invest now?
The table below shows the best equity funds:
Mutual fund |
5 Yr. Returns |
|
ICICI Prudential Technology Fund |
31.38% |
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TATA Digital India Fund DIRECT Plan Growth |
33.67% |
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Aditya Birla Sun Life Digital India Fund - Growth-Direct Plan |
31.66% |
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Quant Small Cap Fund - Direct Plan-Growth |
21.86% |
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