Putnam Investments is a privately-owned investment management company. It was founded in 1937 by George Putnam, who set up one of the first balanced mutual funds. George Putnam also founded the Putnam Fund of Boston. Today, the company manages over $10 billion in assets, and many clients rely on its services to make their investment portfolios as balanced as possible.
The company’s investment division manages equity, fixed-income, and asset allocation funds. Its investment managers focus on providing top-quartile performance over rolling three-year periods and relative to benchmarks. The team also manages risk and provides business development support. Ultimately, the company is a global financial institution and must comply with laws in numerous countries.
In terms of the company’s strategy, Putnam has a commitment to responsible investing and is committed to ensuring that its funds meet the standards set by the Securities and Exchange Commission (SEC). Its target-date series is also called RetirementReady. The company plans to repackage these target-date funds as Putnam Sustainable Retirement Funds.
Putnam Investments is a global asset manager and retirement plan provider with offices in the United States and other countries. As of June 2017, the company managed $183 billion in assets, with a portfolio of 80 mutual funds. It also managed the assets of over 100 institutional clients. The company has offices in North America and Europe, and is part of the Great-West Lifeco group of companies.
