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top mutual funds News

Putnam plans to cut 47 jobs, merge some mutual funds (The Indianapolis Star)
BOSTON Putnam Investments said Monday it will cut 47 jobs, including 12 portfolio managers, and merge six of its stock mutual funds into larger funds under a restructuring by the company's new top executive. Robert Reynolds, a former Fidelity Investments executive named Putnam's president and chief executive in June, said he also will assign more responsibility to individual fund managers rather ...

Top Performing Equity Manager Launches Mutual Fund (PR Newswire via Yahoo! Finance)
The Oxford Private Client Group, one of the nation's top ranked equity management firms over the past six years, has launched a new open-ended mutual fund, The Oxford Global Total Return Fund.

Putnam Investments to cut 47 jobs, merge funds (AP via Yahoo! News)
Putnam Investments said Monday it will cut 47 jobs, including 12 portfolio managers, and merge six of its stock mutual funds into larger funds under a restructuring by the company's new top executive.

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