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  2. Prudent man rule - Wikipedia

    For example, in 1959, there were 155 mutual funds with nearly $16 billion in assets. By year-end 2000, mutual funds had grown to 10,725, with $6.9 trillion in assets. In addition, investors have become more sophisticated and are more attuned to investments since the last revision of the Rule.

  3. List of asset management firms - Wikipedia

    Money is collected from investors by way of floating various collective investment schemes, e.g. mutual fund schemes. In general, an AMC is a company that is engaged primarily in the business of investing in, and managing, portfolios of securities.

  4. Great-West Lifeco - Wikipedia

    Putnam Investments Money manager in the business of fixed income equity, asset allocation in addition to other types of equity. customers include institutional investors . Putman accounts for 44.4% of total assets in the USA (in the form of mutual funds and institutional assets) [11] and $124B worth of American mutual fund and institutional ...

  5. Defined contribution plan - Wikipedia

    A defined contribution (DC) plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. Individual accounts are set up for participants and benefits are based on the amounts credited to these accounts (through employee contributions and, if applicable, employer contributions) plus any investment earnings on the money in the account.

  6. Bankruptcy of Lehman Brothers - Wikipedia

    Putnam Investments, a unit of Canada's Great-West Lifeco, shut a $12.3 billion money-market fund as it faced "significant redemption pressure" on September 17, 2008. Evergreen Investments said its parent Wachovia Corporation would "support" three Evergreen money-market funds to prevent their shares from falling.

  7. National - Wikipedia

    Common uses. Nation or country. Nationality – a national is a person who is subject to a nation, regardless of whether the person has full rights as a citizen; National (distribution), a type of product or publication that is distributed across an entire nation, e.g., a national magazine

  8. Ira Rennert - Wikipedia

    Backed by blue-chip mutual funds and hedge funds such as John Hancock Funds LLC and Putnam Investment Management LLC, Rennert now didn't have to invest much of his own money. His purchase of AM General in 1992 was bought with a down payment of just $10 million.

  9. English trust law - Wikipedia

    English trust law concerns the protection of assets, usually when they are held by one party for another's benefit. Trusts were a creation of the English law of property and obligations, and share a subsequent history with countries across the Commonwealth and the United States.