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Putnam Investments is an investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston.
PanAgora was directly owned by Putnam Investments which was owned by Great-West Lifeco and ultimately owned by Power Financial. [5] On May 31, 2023, Great-West Lifeco announced that Franklin Templeton Investments would acquire Putnam Investments for $925 million.
On May 31 2023, Great-West Lifeco announced that Franklin Templeton Investments would acquire Putnam Investments for $925 million. Putnam Investments subsidiary, PanAgora Asset Management would not be included in the acquisition.
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Putnam Investments managed assets worth more than $172 billion as of April 2018, of which $78 billion is allocated to more than 100 mutual funds, including equity and fixed income funds. The ...
Below we share with you three top-ranked Putnam mutual funds. Each has earned a Zacks Mutual Fund Rank 1 (Strong Buy)
Below we share with you three top-ranked Putnam mutual funds. Each has earned a Zacks Mutual Fund Rank 1 (Strong Buy)
Empower was created in 1891, when parent company Great-West Lifeco was founded as an insurance provider on the Canadian prairie. [1] After serving more than a century of expansion and a profound evolution of service offerings, the modern iteration of Empower was launched in 2014, when the retirement businesses of Great-West Life combined the record-keeping services of Great-West Financial ...