Advisers to Putnam: Fee cuts not enough
Although Putnam Investments' decision to lower the management fees for some of its mutual funds — and to link its fees on others to performance — didn't go unnoticed by financial advisers, many say that they will hold off putting their clients' money into Putnam's funds until they see signs of improved long-term performance
Although Putnam Investments' decision to lower the management fees for some of its mutual funds — and to link its fees on others to performance — didn't go unnoticed by financial advisers, many say that they will hold off putting their clients' money into Putnam's funds until they see si
Learn more about reprints and licensing for this article.
