GLOBAL - A swelling number of pension funds have terminated their relationship with Putnam Investments, the beleaguered US asset manager.
Putnam haemorrhaged more than $54bn in the last three months of 2003 after being embroiled in a market timing scandal. However, while pension funds interviewed by Global Pensions cited the scand...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders