MutualFundWire.com: Analysts Told: You Are the Weakest Link
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Wednesday, March 28, 2007

Analysts Told: You Are the Weakest Link


A mysterious source inside Putnam let it be known that they have fired three equity analysts as part of moves to improve the lackluster performance of its funds. The source told Reuters that is Putnam is revamping its equity research and making analysts responsible for particular funds rather than using them as a central pool. It remains to be seen what positive changes, if any will be affected by this.


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