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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.