http://wealthfly.com/blog/2007/02/05/another-fund-company-sold/ A blog for investment advisors, brokers and financial planners. Tue, 06 Jan 2009 03:21:21 +0000 http://wordpress.org/?v=2.3.3 http://wealthfly.com/blog/2007/02/05/another-fund-company-sold/#comment-46 Bill Ramsay Wed, 14 Feb 2007 12:35:52 +0000 http://wealthfly.com/blog/2007/02/05/another-fund-company-sold/#comment-46 Yet another reason to avoid Putnam. They got into trouble in the first place by putting marketing ahead of their actual job- managing money. Insurance companies are notorious for being run by marketing types. For an example of a mutual fund company where they have their priorities exactly right, check out Dodge and Cox. The only weak performance I can recall was the late 90s when they refused to blow bubbles. Yet another reason to avoid Putnam. They got into trouble in the first place by putting marketing ahead of their actual job- managing money. Insurance companies are notorious for being run by marketing types.
For an example of a mutual fund company where they have their priorities exactly right, check out Dodge and Cox. The only weak performance I can recall was the late 90s when they refused to blow bubbles.

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