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Home > Company Index > Financial Services > Asset Management > Putnam Investments, Inc.
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Putnam Investments, Inc. |
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NEWS FROM THE STANDARD |
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Did Fear Force the Fed to Cut Rates?
Jan 03 2001 05:33 PM PST
PROFILE |
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One the largest mutual fund administrators in the US, Putnam Investments provides investment management for institutional and individual customers, offering more than 100 mutual funds, as well as 401(k) and IRA services. The company has more than 12 million shareholder accounts in some 120 countries and approximately $350 billion under management. Putnam offers its funds through independent brokers, dealers, financial planners, banks, and other institutional accounts. It has agreements with Allstate and Hartford Financial Services to sell variable annuities. Founded in 1937, Putnam is a wholly owned subsidiary of Marsh & McLennan Companies, the world's largest insurance broker.
COMPETITION |
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Alliance Capital Management Holding L.P. (AC)
FMR Corp. (dossier)
Franklin Resources, Inc. (BEN)
DEALS |
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Deal: Celox Networks Gets $80 Million
Date Announced: 07.16.01
Value of transaction (US $Mil): 80
Description: Switching technology developer raises third-round funding from venture investors.
> Search all deals for this company
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 3,200.00
1-Yr. Sales Growth: 19.2%
Employees: 6,000
Revenue per employee: $533,333.33
KEY PEOPLE |
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Lawrence J. Lasser
CEO
Irene Estavez
CFO
CONTACT INFO |
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1 Post Office Sq.
Boston, MA 02109
US
Phone: -
Fax: -
Online: Web Site
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Copyright © 2001, Hoover's Inc. Austin, Texas.
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