Sponsored By
Mutual Funds
thumbnail
Industry News & TrendsA Benign Disaster?A Benign Disaster?
Quick: Guess how much money investors in Putnam Investments mutual funds were cheated out of in the market-timing scandals. Hint: It wasn't the $110 million Putnam agreed to pay the SEC and Massachusetts's regulators. An academic, hired by Putnam to calculate losses attributable to market-timing and excessive trading, reckons the number is more like $4.4 million. And that includes interest. The $4.4
Latest news
Apr 1 - Apr 2, 2025
Apr 1 - Apr 2, 2025
Learn from top leaders tackling growth, pay, and personnel challenges daily.
Learn More