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Putnam Investments and Nissay Asset Management to Extend Alliance Through 2020

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BOSTON--(BUSINESS WIRE)--Putnam Investments today announced that it will continue its strategic alliance through 2020 with Nissay Asset Management (NAM), the asset management arm of Nippon Life Insurance Company, the largest life insurance company in Japan. The agreement between Putnam and NAM, originally established in 1998 and last renewed in 2010, focuses on managing and providing investment products and services to Japanese institutional and retail investors. Putnam continues to hold a 10%

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