The move comes after the California-headquartered investment manager acquired Putnam Investments in January last year.

Franklin Templeton has announced that it is extending access to Putnam Investments' capabilities to international clients. 

Putnam is a diversified and active equity manager which delivers risk-adjusted returns for investors. As part of its goal to broaden client access to Putnam Investments, Franklin Templeton said it plans to bring market flagship strategies that have delivered strong performance in the US market.

Based primarily in Boston with research offices in London and Singapore, Putnam Investments has a track record of investment experience with roots going back to 1937. The $121 billion specialist investment manager offers equity solutions across a range of styles, capitalisation sizes and vehicles. 

In the US, Putnam Investments manages a range of stock-driven equity portfolios designed to deliver outperformance while managing downside risk. 

Shep Perkins (pictured), CIO at Putnam Investments, told this news service in an interview that stocks include US tech giant Microsoft as well as Meta, Facebook and Boston Scientific, a US biotechnology, biomedical engineering firm and manufacturer of medical devices.  

Although stocks in the healthcare sector have underperformed over the past two years, Perkins believes that the sector is set up to perform better in 2025. He is also optimistic about the outlook for equity markets in 2025, notably in the US and emerging markets.

Despite tech sector weakness and trade-related concerns, both Jeff Schulze, head of economic and market strategy at ClearBridge Investments, part of Franklin Templeton, and Mark Haefele, chief investment officer at UBS Global Wealth Management also expect resilience in US equities in 2025, supported by solid earnings and AI tailwinds. Schulze is also optimistic about China in 2025.

“Franklin Templeton’s acquisition of Putnam Investments last year was an excellent marriage of strong investment capabilities with a very broad and deep distribution footprint across the globe,” Matt Harrison, head of Americas (ex-US), Europe & UK at Franklin Templeton, said. “Building upon Putnam’s strong presence in the US, we want to leverage Franklin Templeton’s extensive local presence across Europe, the Americas, Middle East and Asia to give clients in those regions a wider choice from Putnam’s compelling investment strategies.”

Putnam Investments is distinctive in the way that it pursues alpha through a range of strategies defined by fundamental research and rigorous portfolio construction, the firm said in a statement. This combination is designed to maximise stock-specific insights and manage downside risks. 

“Putnam Investments offers a range of actively-managed strategies that retail, institutional and intermediary clients in the United States have found very appealing due to its consistent performance results and a proven investment process,” Jaspal Sagger, global head of product at Franklin Templeton, said. “These capabilities nicely complement the products already available in our pooled product ranges, and we are excited to bring to market new products managed by the Putnam teams.”

“Putnam’s mix of alpha-generating core building block and satellite sector exposures will add depth and breadth to the product range that we offer to clients,” Harrison added. “And, as many clients seek to consolidate their businesses with fewer managers, Franklin Templeton is well positioned, by virtue of our size and the capacity to offer strategies at scale, to be a key partner to them.”

Backed by the resources of Franklin Templeton, which has about $1.58 trillion in assets under management, the Putnam team comprises over 75 investment professionals, including portfolio managers, fundamental and quantitative analysts, risk managers and traders located in Boston, London and Singapore. Putnam’s investment capabilities cover value, core and growth strategies across US large, small- and multi-caps, as well as global, non-US and dedicated sustainable investment solutions, the firm added.