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In 1936, U.S. mutual fund industry was nearly half as large as closed-end investment trusts. But mutual funds had grown to twice as large as closed-end funds by 1947; growth would accelerate to ten times as much by 1959. In terms of dollar amounts, mutual funds in the U.S. totaled $2 billion in value in 1950 and about $17 billion in 1960. [18]
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Robert David Putnam [a] (born January 9, 1941) is an American political scientist specializing in comparative politics. He is the Peter and Isabel Malkin Professor of Public Policy at the Harvard University John F. Kennedy School of Government .
Calvin Cordozar Broadus Jr. was born on October 20, 1971, in Long Beach, California, to Beverly Tate (1951-2021) and Vernell Varnado. [12] [13] Varnado, who was a Vietnam War veteran, singer, and mail carrier, left the family only three months after Broadus's birth, and thus the baby was named after his stepfather, Calvin Cordozar Broadus Sr. (1948–1984). [14]
Expansion for the group began in the 1970s, in Europe and followed in the 1990s, in Asia. The group's involvement in the finance sector continued in 2000, with the acquisition of Canada Life, Mackenzie Financial and Putnam Investments. Following the 2020 reorganization, Power Corporation owns 100% of Power Financial’s common shares.
George Palmer Putnam (September 7, 1887 – January 4, 1950) was an American publisher, writer and explorer. Known for his marriage to (and being the widower of) Amelia Earhart, he had also achieved fame as one of the most successful promoters in the United States during the 1930s.
After leaving active duty in 1993, Bevin worked as a financial consultant for SEI Investments Company in Pennsylvania and Boston, then served as a vice president with Putnam Investments. [16] In 1999, he was offered a stake in National Asset Management and moved to Kentucky to take the job. [ 15 ]
[61] It was later revealed in 2017 by the Paradise Papers that lending by Russian state-backed VTB Bank and Gazprom's investment vehicle partially financed these 2009 investments, although Milner was reportedly unaware at the time. [62] [63] In May 2009, Zuckerberg said of the $200 million Russian investment, "This investment is purely buffer ...
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