CBRE Group Inc., Dallas, added the Putnam Large Cap Value Trust to the investment options lineup of its 401(k) plan.
The real estate company added the active domestic large-cap value equity collective investment trust managed by Putnam Investments to the lineup in 2022, according to a comparison of its June 22 11-K filing with the SEC and last year's filing.
As of Dec. 31, the Putnam CIT had $106 million in assets in the plan, according to the new 11-K filing.
The comparison also shows the company removed the Macquarie Large-Cap Value Trust from the lineup in 2022.
As of Dec. 31, 2021, the active domestic large-cap value CIT managed by Macquarie Asset Management had $91 million in assets in the plan, according to the prior 11-K filing.
The new 11-K filing did not provide a reason for the change.
As of Dec. 31, the CBRE 401(k) Plan had $3 billion in assets, according to the new 11-K filing.
Spokesman Aaron Richardson could not be immediately reached for further information.
