Putnam manages institutional portfolios, mutual funds, and alternative investments for individuals and businesses worldwide.
Putnam employs approximately 200 investment professionals, including portfolio managers, analysts and traders. Our Fixed Income, Global Asset Allocation and Equity teams have both dedicated research analysts within teams and quantitative and fundamental resources that are deployed across each division.
Fixed Income management at Putnam employs a team-based approach, with day-to-day decision making performed by sector specialists: seasoned investment professionals responsible for bottom-up security selection within their respective areas of expertise. They cover a full range of markets and sectors, from global governments to emerging markets to corporate debt and securitized products. We believe that abundant opportunities exist outside traditional benchmarks, and our teams seek to identify the most attractive opportunities across a range of market segments. In today’s complex and rapidly changing bond markets, we believe that flexibility is critical in recognizing and exploiting investment opportunities, and we seek to ensure that our strategies maintain a nimble, dynamic approach. Each of our strategies, whether single-strategy or multi-sector portfolios, benefit from an integrated portfolio construction and risk management framework that seeks the optimal balance between return potential and volatility.
Our U.S. equity capabilities span all major asset classes, including Large Cap, Small Cap, and Multi-Cap, across three major investment styles — Blend, Growth, and Value. We also offer innovative solutions for institutional investors, including a dedicated strategy focused on total return opportunities in leveraged companies that has the flexibility to invest across all levels of the capital structure (bank loans, high-yield debt, convertibles, common equity, and warrants).
Our global and non-U.S. equity teams manage portfolios across investment styles — Blend, Growth, and Value. Within Global Equities, we offer broadly diversified strategies as well as sector-specific strategies. Non-U.S. offerings include broadly diversified international strategies of all cap sizes, as well as regional strategies such as European Core Equity, Asia Pacific Equity, and Emerging Markets Equity.
Organized by sector, our research analysts have significant experience in the industries they are covering, and share information to identify risks and opportunities on a global scale.
Global Asset Allocation
Our Global Asset Allocation Team, established in 1992, offers a wide range of risk and target-maturity strategies. The team has experience managing globally diversified multi-asset class portfolios since 1994, and has managed multi-asset absolute return and risk parity strategies since 2006. Composed of analysts, investment strategists, and portfolio managers, the team has refined a disciplined process for actively monitoring global markets to track short-, medium-, and long-term trends that influence asset class performance, and integrates quantitative analysis into its fundamental research techniques. In managing portfolios, the team has skills in security selection, tactical asset management, and in implementing a variety of hedging and leverage strategies with derivatives, such as currency positioning.