Putnam Investments Q&A – Discussing Their New Active ETFs
June 3, 2021
Last week Putnam Investments released a suite of ETFs focused on mutual funds and investment trusts. ETF Trends was able to speak with Carlo Forcione, Head of Product Strategy at Putnam, about the launch of the firm’s first active ETFs, which included thoughts on how they will leave an impact in the investing world.
ETF Trends: Let’s talk about the different funds – the
Carlo Forcione: It’s always fun to build something new, right? This is the kind of stuff that we get really excited about from a product perspective, developing, innovating, and providing our clients with new tools. The industry has been built on innovation. And if you look at the history of ETFs, we’ve had tremendous growth, obviously, with pure passive strategies since 1993 with SPY.