Putnam Investments, the nation’s seventh-largest mutual fund company, will re-compartmentalize its stock-picking units in order to try and regain the business it has lost as a result of the scandal, Reuters reports.

In the move, Putnam, the Marsh & McLennan unit that has lost $63 billion in assets over the past year thanks to its tumultuous ride in the ongoing improper trading scandal, will eliminate its specialty growth group and push all its small-cap teams into one large unit. Currently, Putnam manages about $10 billion in small-cap funds, specializing in value, core and growth stocks.

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