FYI: Putnam Investments, citing increased investor demand for fee efficiency and risk-adjusted performance, is adding model-based separately managed accounts and multi-asset model portfolios to its line of products.
The asset management company has added seven SMAs and plans to launch six multi-asset model portfolios by the end of the year, the company said in a press release today.
"The demand for strategies in the model delivery structure is rapidly increasing as advisors seek products that are fee-efficient and tailored to meet their clients’ individual preferences,” Putnam President and CEO Robert L. Reynolds said in a prepared statement. “We think it is important to offer our investment strategies through a host of different investment vehicles to allow maximum flexibility for advisors as they develop individualized portfolio solutions that help generate their clients’ desired investment results.”
The new model SMAs are U.S. Large Cap Value Equity, U.S. Large Cap Growth Equity, U.S. Multi-Cap Core Equity, Sustainable Leaders, Sustainable Future, U.S. Small Cap Growth Equity and International Durable Equity (ADR only), the company said.
Regards,
Ted
