Putnam Investments Assets Under Management Continue to Thrive in a Competitive Market

Putnam Investments has consistently demonstrated its ability to thrive in a competitive market, with its assets under management continuing to grow.

As of 2022, Putnam Investments managed over $200 billion in assets, a testament to its long-standing reputation for delivering strong investment performance.

This achievement is a result of the company's commitment to providing high-quality investment solutions to its clients, which has earned it a loyal client base.

With a diverse range of investment products and services, Putnam Investments is well-positioned to meet the evolving needs of its clients, from retirement savings to wealth management.

Franklin Resources' acquisition of Putnam Investments has significantly boosted its assets under management, reaching $1.55 trillion as of November 30, 2023.

The addition of Putnam's $142 billion in assets has catapulted Franklin into the 9th ranked sustainable fund management firm.

As of year-end 2023, Putnam's sustainable fund assets under management totaled $629.7 million, which, on a pro-forma basis, combined with Franklin's assets, pushed the firm up to 9th place in terms of firms with sustainable assets under management.

Putnam has a diverse range of clients that have trusted them for flexible and innovative solutions. These clients include corporate pensions, sovereign wealth funds, and insurance companies.

One notable aspect of Putnam's client base is the variety of institutions that have chosen to work with them. This diversity suggests that Putnam is able to adapt to the needs of different types of clients.

Here are some examples of the types of clients that Putnam has worked with:

Franklin Resources has completed its acquisition of Putnam Investments from Great-West Lifeco, Inc.

The acquisition adds Putnam's $142 billion in AUM to Franklin's existing assets, bringing Franklin's total AUM to $1.55 trillion.

Putnam is a global asset management firm with a strong presence in the sustainable fund management space.

On a pro-forma basis, the combined firms start the new year managing $9,751.5 million in sustainable assets.

This catapults Franklin into the 9th ranked spot in terms of firms with sustainable assets under management.

The combined firm's sustainable fund assets are entirely actively managed, including 14 ETFs with $1,999.3 million in assets.

The acquisition is designed to minimize disruption to Putnam's investment teams and client relationships.

Putnam's acquisition catapults Franklin into the 9th ranked sustainable fund management firm.

Franklin's combined sustainable fund assets are entirely actively managed, including the 14 ETFs with $1,999.3 million in assets.

The top 10 firms manage $253,664.3 million in assets and account for a sustainable funds market share of 74.6%.

On a pro-forma basis, the combined firms start the new year managing $9,751.5 million, based on year-end 2023 data.

This pushes the firm up ahead of Amundi Asset Management US, Inc. and just behind Brown Advisory LLC.

Franklin's execution plan is designed to minimize disruption to Putnam's investment teams and client relationships.

In total, Putnam manages $9,121.8 million in assets, ranking 10th out of 161 fund firms with registered sustainable mutual funds and ETFs.

Adding Franklin's $629.7 million lifts the combined firm's assets and places it above the 10th ranked firm, Amundi Asset Management US with $7,976 million.

The acquisition of Putnam Investments by Franklin Templeton has significantly enhanced Franklin Templeton's footprint in the retirement sector.

The increase in defined contribution assets under management to over $100 billion is a major milestone, positioning Franklin Templeton as a more dominant player in the retirement space.

Franklin Templeton's total assets under management now stand at $1.55 trillion, bolstered by Putnam's $142 billion in AUM.

This scale and diversification are expected to lead to cost synergies and potentially improved profit margins.

Great-West becoming a long-term shareholder in Franklin Resources, Inc. suggests a vote of confidence in the combined entity's future performance and strategic direction.

The integration of Putnam Investments is crucial to retaining client relationships and maintaining investment performance consistency.