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.
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Press release content from Business Wire. The AP news staff was not involved in its creation.
Putnam Investments to Launch Active ETF Strategies
February 18, 2021 GMT
BOSTON (BUSINESS WIRE) Feb 18, 2021
Putnam Investments today announced that the firm will bring four of its key U.S. equity strategies to market this year in the form of semi-transparent active exchange-traded funds (ETFs), with the first of the products expected to be available in the spring, upon completion of the registration process. These offerings will represent the first ETF products provided by the company, which currently makes available an array of retail mutual funds, separately managed accounts, collective investment trusts, private funds and non-U.S. funds.