Putnam’s Reynolds Says 2010 May See `Retirement Reform’: Video

Jan. 26 (Bloomberg) — Robert Reynolds, chief executive officer of Putnam Investments LLC, talks with Bloomberg’s Mark Crumpton and Julie Hyman about the outlook for legislation that would change how Americans save for retirement. Reynolds said Putnam, a Boston-based money manager which oversaw $115 billion as of December, is working on ways to blend investment funds and lifetime income products such as annuities in employer-sponsored savings plans. Reynolds also discusses Putnam’s business strategy and the state of the industry. (Source: Bloomberg)