Putnam Announces Distribution Rates for Open End Funds
Putnam Announces Distribution Rates for Open-End Funds
Putnam Announces Distribution Rates for Closed-End Funds
SCANA Corporation Announces 3.8 Percent Increase In Common Dividend
Hedge Funds Focused on Currencies Get Big Payoff
Putnam Investments LLC, the asset manager in its fifth year of a turnaround effort by Chief Executive Officer Robert L. Reynolds, introduced six new mutual funds, including two aimed at investors weary of stock swings.
If advisors were stunned by a finding from the Putnam Institute that the optimal retirement portfolio's equity allocation should be between 5% and 25%, they weren't alone. The study's author was also quite surprised.
This week in new hires, Putnam announced a new leadership team for its global asset allocation organization, and Steve Antonakes became acting deputy director of the Consumer Financial Protection Bureau.