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Putnam is headquartered in Boston, Massachusetts and has offices in London, Tokyo, Frankfurt, Sydney, and Singapore. It is a subsidiary of Great-West Lifeco and as of June 2017 managed $183 billion in assets across 80 mutual funds, 100 institutional clients, and 5 million shareholders and participants.
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On March 23, 2005, the SEC “announced that Putnam Investment Management, LLC (Putnam) will pay $40 million. The Commission issued an order that finds Putnam failed to adequately disclose to the Putnam Funds' Board of Trustees and the Putnam Funds' shareholders the conflicts of interest that arose from..arrangements for increased visibility ...
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