Putnam parent Marsh & McLennan Cos. is poised to recover after suffering $6.6 billion in outflows, according to Chief Executive Michael Cherkasky.

The outflows aren't over quite yet, said Cherkasky, who said that the firm expects investors to yank another $5 billion by the middle of the year due, in part, to the end of a partnership with an Australian company, according to MarketWatch.  Much of the outflows are due to investors, who punished Boston-based Putnam for its part in the mutual fund scandals.

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