Special Report on
Putnam Absolute Return White Paper
Putnam Absolute Return White Paper - Trends
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This isn't exactly breaking news anymore, but we thought we'd offer a few thoughts on Putnam's introduction of four "absolute return" funds, which the firm claims will "pursue positive returns with less volatility over time than more traditional funds." Sounds great. But... The lineup is four funds deep, with target returns of 1, 3, 5, and 7% above Treasury bills "in good markets and bad." Let's start at the low end and work our way up. We're not sure how much of a market there is for an entirely new type of fund that seeks to beat T-bills by 1 or 3%. As far as we can tell, those vehicles ...
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PUTNAM ABSOLUTE RETURN WHITE PAPER
Rick Steele, TechInvest, Absolute Return (Sky News) 9 March - Short ...
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