SOURCE: Putnam Investments

Putnam Investments

January 05, 2011 10:30 ET

Putnam Investments Bolsters Global Institutional Consultant Relations Team

Names New Heads of North American and International Consultant Relations

BOSTON, MA--(Marketwire - January 5, 2011) -   In a step to significantly bolster its global institutional management consultant relations capabilities, Putnam Investments has promoted Robert E. Alan to the role of Head of North America Consultant Relations, based in Boston, and Keith E. Thomas to the position of Head of International Consultant Relations, based in London. Alan and Thomas will lead Putnam's efforts to work with the consultants who advise institutional investors on investment strategy and the selection of managers.

"Institutional asset management is an increasingly important part of Putnam's business, and the promotions of highly experienced and respected professionals such as Rob Alan and Keith Thomas reflect our long-standing commitment not only to serving institutional investors globally but also to building strong relationships with the consultant community," said Joseph T. Phoenix, Putnam managing director and Head of Global Institutional Management, to whom Alan and Thomas will report.

Rob Alan, Putnam's new Head of North America Consultant Relations, joined the company in 2006 as a Senior Vice President and Consultant Relations Manager, North America, West Region, and subsequently moved to the Northeast to serve as Consultant Relations Manager North America, East Region. Alan has more than 17 years of investment industry experience, having earlier worked in consultant relations for Babson Capital Management and Fidelity Management Trust Company and as an internal wholesaler at Fidelity Investments Institutional Services Company. He holds a B.S. degree from Bentley University.

Keith Thomas, who becomes the London-based Head of International Consultant Relations, has more than two decades of experience in the investment industry. He joined Putnam in 2006 as Consultant Relations Manager and subsequently served as Head of European Consultant Relations and International Account Manager. Previously, he was responsible for both consultant and multi-manager relationships at Resolution Asset Management in the United Kingdom. He also held senior institutional business roles at Baring Asset Management, and began his career as a consultant with William M. Mercer Ltd. He is a graduate of Cheshunt Grammar School.

"The promotions of Rob Alan and Keith Thomas acknowledge Putnam's increased standing with institutional investors and consultants, as seen in higher product ratings, expanded participation in searches and a number of new business wins," said Phoenix. "Putnam's combination of superior investment performance, innovative new products, dedicated research and superior client service has made us among the asset managers of choice for institutional clients, and Rob and Keith will help us to showcase these capabilities."

Through offices in North America, Europe and Asia, Putnam currently has relationships with more than 100 institutional clients worldwide, accounting for more than $54 billion in assets under management. Putnam's institutional clients include sovereign wealth funds, endowments and foundations, government pension funds, the defined benefit retirement plans of leading corporations and other large institutional investors.

About Putnam Investments
Founded in 1937, Putnam Investments is a leading global money management firm with over 70 years of investment experience. At the end of December 2010, Putnam had $121 billion in assets under management. Putnam has offices in Boston, London, Frankfurt, Amsterdam, Tokyo, Singapore, and Sydney. For more information, visit putnam.com.

Putnam mutual funds are distributed by Putnam Retail Management.

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