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Putnam to Enter ETF Market With 4 Active Strategies

February 22, 2021

 

Putnam Investments has made its first move into the ETF market, and it is wasting no time zooming toward a spring launch of portfolio-protected products, intending to launch four ETFs using Fidelity’s active equity ETF model.  Foreside will be named the Legal Underwriter (“Distributor”) for the funds.

Putnam Investments has made its first move into the ETF market, and it is wasting no time zooming toward a spring launch of portfolio-protected products, intending to launch four ETFs using Fidelity’s active equity ETF model.  Foreside will be named the Legal Underwriter (“Distributor”) for the funds.

“We think active ETFs, over the long term, are going to have a big place in the market, and we need to be there across the full set of [product] wrappers,” says Aaron Cooper, chief operating officer at Putnam

Foreside closely follows the expanding U.S. and international ETF marketplaces and the rapid product innovation in the market today. Foreside understands the various ETF strategies, such as index semi-transparent and active management, for equity, bond and commodity fund types. Foreside is also your conduit to the Authorized Participant (AP) community, interacting daily with the APs, on your behalf.

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