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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. Headquartered in Boston, Massachusetts , it has offices in London , Tokyo , Frankfurt , Sydney , and Singapore . [2]
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, JPMorgan Chase, and Putnam Investments.
On December 3, 2003, the SEC proposed new rules to stop after-hours trading in mutual funds. [9] [10] On December 18, 2003, the SEC “announced an enforcement action against Alliance Capital Management L.P. (Alliance Capital) for defrauding mutual fund investors. The SEC ordered Alliance Capital to pay $250 million.
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George P. Putnam. George Palmer Putnam (September 7, 1887 – January 4, 1950) was an American publisher, writer and explorer. Known for his marriage to (and being the widower of) Amelia Earhart, he had also achieved fame as one of the most successful promoters in the United States during the 1930s.
The Putnam family of prominent old colonial Americans was founded by Puritans John and Priscilla (Gould) Putnam in the 17th century, in Salem, Massachusetts. Many notable individuals are descendants of this family, including those listed below. John Putnam was born about 1580 and came from Aston Abbotts, Buckinghamshire, England. He was married ...