Putnam InvestmentÂ’s long uphill battle officially began last November, when industry icon Larry Lasser was asked to leave the firm and Charles "Ed" Haldeman, Jr., stepped in and was charged with turning around the embattled fund giant.

Under his direction, Putnam has reached a settlement with the Securities and Exchange Commission in relation to improper market timing activity at the firm, cut the fees it charges, increased portfolio transparency and undertaken major confidence rebuilding efforts.

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