Barron's Top Mutual Fund Picks : Putnam Investment Scores Top Position

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Year 2009 proved to be a good year for mutual funds. Barron's has come out with a list of top-performing mutual funds. According to the list, Putnam Investment Management clinched the top position followed by T. Rowe Price
TROW
. Aberdeen Asset Management, FAF Advisors and Nuveen Asset Management were also included in the list. Recovery in the financial markets was the main driver behind these mutual funds growth. Other big names included in the list were Legg Mason
LM
, Janus
JNS
and Invesco
IVZ
. Thus the year has been marked with good mutual funds performance on account of solid performance by financial markets.
Posted In: Barron'sMediaTrading IdeasAsset Management & Custody BanksFinancialsPutnam Investment Management
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