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Jan 2, 2024 · Putnam also shares our client-focused culture and emphasis on delivering strong investment results. We’re delighted to welcome the talented team at Putnam to Franklin Templeton and are pleased to have Great-West as an investor.” Founded in 1937, Putnam is a global asset management firm with $142 billion 1 in AUM as of November 30, 2023. The ...
Jan 2, 2024 · Franklin, Putnam, Great-West and Power Group undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise ...
- Conference Call and Webcast Details
- About Putnam Investments
- About Franklin Templeton
- About Great-West Lifeco Inc.
- Cautionary Note Regarding Forward-Looking Information
- For More Information Contact
Lifeco will hold a conference call and webcast on the transaction on Wednesday, May 31 at 10:00 a.m. ET. The call and webcast can be accessed through greatwestlifeco.com/news-events/eventsor by phone at: 1. Participants in North America: 1-800-319-4610 2. Participants in the Toronto area: 1 416-915-3239 Following the call, the webcast and presentat...
Founded in 1937, Putnam Investments is a global money management firm with over 85 years of investment experience. At the end of January 2023, Putnam had over US$170 billion in assets under management. Putnam has offices in Boston, London, Munich, Singapore, Sydney and Tokyo. For more information, visit putnam.comOpens a new website in a new window...
Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its speci...
Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses. We operate in Canada, the United States and Europe under the brands Canada Life, Empower, Putnam Investments, and Irish Life. At the end of 2022...
This release contains forward-looking information. Forward-looking information includes statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as "will", "may", "expects", "anticipates", "intends", "plans", "believes", "estimates", "objective", "target", "potential" and other similar exp...
Media Relations Liz Kulyk 204-926-5012 media.relations@canadalife.com Investor Relations Deirdre Neary 647-328-2134 deirdre.neary@canadalife.com
May 31, 2023 · Franklin’s assets have grown from $717bn in 2018 to $1.4tn as of the end of April. The acquisition of Boston-based Putnam will add another $136bn in assets under management, 30 per cent of which ...
- Brooke Masters
Jan 2, 2024 · N/A. says it has closed the sale of Putnam Investments. The company first announced the deal to sell the business to Franklin Resources Inc., which operates as Franklin Templeton, in May 2023. The ...
May 31, 2023 · May 31, 2023. (Bloomberg) - Franklin Resources Inc. is buying Putnam Investments from its Canadian owners in a consolidation of two asset managers that have struggled to find growth. Franklin will initially pay $925 million in cash and stock to pry Putnam from Great-West Lifeco Inc., which is a part of the Desmarais family’s Power Corp. of ...
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May 31, 2023 · Franklin Resources Inc , a global investment management firm that operates as Franklin Templeton, plans to acquire asset manager Putnam Investments from Great-West LifeCo Inc in a nearly $925 ...
