‘Fed Is Old News’ for 2015: Fixed Income Experts
Fixed income experts from Putnam Investments, BlackRock and Neuberger Berman weigh in on issues they see for 2015’s fixed income markets.
Putnam Bets on Capital Preservation in ‘Floating-NAV World’
Investors have taken a trillion dollars in assets out of money market funds since the Lehman crisis in 2008 and now Putnam Investments is looking to create a new home for these discouraged investors seeking safety but balking at low yields.
Putnam Announces New Fixed Income Team
William Kohli, Michael Salm and Paul Scanlon—who have a combined 40 years of experience at Putnam—will co-head the firm’s fixed income team of over 60 investment professionals who manage nearly $60 billion.