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Putnam Unveils Three ‘Alternative’ Mutual Funds

FYI: Putnam Investments plans to introduce three new alternative types of mutual funds that will be managed by PanAgora Asset Management, a Boston firm that typically manages money for institutions and is majority-owned by Putnam.
Regards,
Ted
https://www.bostonglobe.com/business/2017/05/24/putnam-unveils-three-new-alternative-mutual-funds/LiuZDWWbKt9bF9HCfWk54L/story.html

Comments

  • I just initiated PVSAX position in one brokerage, and then sold all holdings in other brokerage. Lot of profit I expect to offset with tax loss in HSGFX in 2017.

    Putnam seems to have some good funds, but then some rank bad ones. This is useful news for me. I will research their alternative funds.
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