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Putnam Investments
Putnam Investments is an asset manager in the financial services industry. It manages equity assets for clients and investors. It offers equity-focused...
Putnam Investments
Putnam Investments is an asset manager in the financial services industry. It manages equity assets for clients and investors. It offers equity-focused investment strategies and products, including mutual funds and retirement plans, to individual, financial advisor, and institutional investors.
General information
Firm type
Generalist
Year founded
1937
AUM
$150 billion (per Putnam Investments, 2023)
Location
Region
North America
Country
United States
City
Redmond
Corporate office
Redmond, WA, United States
Additional offices
New York, NY, United States · San Francisco, CA, United States · Palo Alto, CA, United States · Los Angeles, CA, United States · Greenwich, CT, United States · London, United Kingdom · Munich, Germany · Beijing, China · Shanghai, China · Shenzhen, China · Taipei, Taiwan · Mumbai, India · Santiago, Chile
Principals
Robert L. Reynolds
President and Chief Executive Officer
Steve T. O'Neill
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Putnam Investments?
Robert L. Reynolds has served as President and CEO of Putnam since 2008, overseeing all investment and business operations. The firm's investment platform is organized under a Chief Investment Officer structure, with dedicated teams for equities, fixed income, and alternatives. Putnam's analysts and portfolio managers operate with a research-driven, fundamental approach across the firm's strategies.
How does Putnam source its investment ideas?
Putnam employs a centralized equity and credit research team that supports all portfolio managers across strategies. Analysts cover sectors globally and generate ideas through fundamental, bottom-up research. The firm also integrates quantitative tools and risk analytics into its idea generation and portfolio construction process.
Is Putnam structured as a family office or an asset manager?
Putnam Investments is a pure asset manager, not a family office. It was founded in 1937 as a mutual fund manager and has always operated as an investment management firm for third-party capital. The firm serves institutional investors, financial intermediaries, and retirement plan participants.
Does Putnam participate in fund commitments or only direct strategies?
Putnam offers its own proprietary mutual funds, separately managed accounts, and collective investment trusts. It does not operate as a fund-of-funds allocator to external managers. The firm manages direct portfolios in equities, fixed income, and multi-asset strategies for its clients.
How is Putnam related to Franklin Templeton?
Franklin Templeton acquired Putnam Investments from Great-West Lifeco in May 2024. Putnam now operates as a wholly owned but independently managed subsidiary within Franklin Templeton. The firm retains its own brand, investment teams, and distribution relationships while contributing active equity and fixed-income capabilities to Franklin Templeton's global platform.
Where does Putnam's capital come from?
Putnam manages capital on behalf of institutional investors including pension funds, endowments, and sovereign wealth funds, as well as retail investors through financial intermediaries and defined-contribution retirement plans. The firm does not manage a single-family fortune or proprietary balance sheet.
What is Putnam's known posture on sustainable investing?
Putnam maintains a dedicated sustainable investing platform with strategies that integrate environmental, social, and governance factors. The firm offers active ESG equity and fixed-income strategies that apply exclusionary screens and proprietary ESG ratings alongside fundamental research.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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