Franklin Templeton extends Putnam Investment capabilities to UK clients

• Firm’s specialist investment manager, Putnam Investments is a diversified and active equity manager focused on delivering repeatable risk-adjusted returns

London, 6 March 2025 – Following the successful completion of its acquisition of Putnam Investments on 1 January 2024, Franklin Templeton¹ is delighted to announce that it is extending access of its specialist investment manager’s investment capabilities to UK clients.  Putnam is a diversified and active equity manager focused on delivering repeatable risk-adjusted returns for investors.  As part of its goal to broaden client access to Putnam Investments, Franklin Templeton plans to bring to 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 long track record of investment experience with roots going back to 1937.  The US $121² 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 highly successful stock-driven equity portfolios designed to deliver consistent outperformance while managing downside risk. 

Andrew Ashton, UK Country Head said: “US equities have become an increasingly important component of client portfolios in the UK, driven by the robust and diverse nature of the US market. Investors are seeking more diversified exposure to high-growth sectors and companies, and Putnam Investments’ range of actively-managed strategies provide a compelling way to tap into this potential.  These new capabilities will be a strong complement to our current UK fund range, which already provides investors with access to a comprehensive selection of US equity options, including both active and passive strategies across small and large capitalizations.  The addition of these highly successful strategies, which clients in the United States have found very appealing due to their consistent performance results and a proven investment process, will further strengthen our offering to ensure we are well-positioned to meet the evolving needs of UK clients.”

Matt Harrison, Head of Americas (ex-US), Europe & UK said: “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.  Building upon Putnam’s strong presence in the US, we want to leverage Franklin Templeton’s extensive local presence across Europe and the UK to give clients a wider choice from Putnam’s compelling investment strategies.”

Putnam Investments is distinctive in the way they pursue alpha through a range of strategies defined by deep fundamental research and rigorous portfolio construction.  This combination is designed to maximise stock-specific insights and manage downside risks.  The investment team is focused on delivering repeatable risk-adjusted returns by amplifying stock risk and reducing factor risk with the goal of delivering a smoother performance journey regardless of style regime. 

Harrison added: “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. 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.”

About Putnam Investments

Backed by the scale and resources of Franklin Templeton, 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 was recognised in Barron’s “Best Fund Families 2023” for strong investment performance with 86% of its mutual funds rated 4 or 5 stars by Morningstar as of 31 December 2024.

-ENDS-

Contacts:

Saira Khan Senior Corporate Communications Manager Franklin Templeton Investments Cannon Place, 78 Cannon Street London EC4N 6HL Tel: +44 20 7073 8644 Email: [email protected]

Shelly Durrant Corporate Communications Manager Franklin Templeton Investments Cannon Place, 78 Cannon Street London EC4N 6HL Tel: 0207 073 8521 Email: [email protected]

Notes to Editors:

1. Franklin Resources, Inc. [NYSE:BEN] is a global investment management organisation with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialisation on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and $1.58 trillion in assets under management as of 28 February 2025. For more information, please visit www.franklintempleton.co.uk and follow us on LinkedIn, X, and Facebook.
2. Source: Franklin Templeton, as of 31 December 2024.

This press release is intended to be of general interest only and does not constitute professional advice. Franklin Templeton and its management groups have exercised professional care and diligence in the collection and processing of the information in this press release. Franklin Templeton makes no representations or warranties with respect to the accuracy of this document. Franklin Templeton shall not be liable to any user of this report or to any other person or entity for the inaccuracy of information contained in this press release or for any errors or omissions in its contents, regardless of the cause of such inaccuracy, error or omission.

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