Based on the strong performance Putnam Investments’ funds delivered across a wide variety of asset types in 2008, the annual Lipper/Barron’s Fund Families Survey has selected Putnam as the No. 1 mutual fund family of 61 offerings.
Putnam’s strong move in the rankings is initial validation of the firm’s investment platform improvements designed to bolster long-term performance, Putnam said in a statement. The performance improvements included both dramatic gains by individual funds and advancements across the entire fund complex.
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