When a 51-year-old mutual fund executive retires, industry observers are curious.

When a 51-year-old executive retires from Putnam Investments, a money manager that has spent the past several years suffering through poor performance, fund scandals, and outflows, industry observers are suspicious.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.