Mr. Young is a Senior Investment Director and Team Leader in the Global Investment Strategies group, specializing in Fixed Income products. He is responsible for communicating investment performance, positioning, and strategy; performing competitive analysis; gathering intelligence on trends in the global marketplace; and developing and launching new products. In addition, Mr. Young is a member of the Portfolio Solutions Group and a portfolio manager of Putnam's Multi-Asset Model Portfolios. He has been in the investment industry since he joined Putnam in 2009.
Previously at Putnam, Mr. Young was a Senior Investment Director, specializing in Global Asset Allocation (GAA) products. Earlier, he served as a GAA Investment Product Analyst and an Associate Consultant for Putnam Retail Management. Mr. Young holds his Series 7 and 63 licenses with FINRA.
More from the Asset Allocation team
We believe markets expect inflation to decline sooner than it will, and that there is limited upside for stocks.
Active managers are in a unique position to manage risks in target-date strategies.
With historical context in mind, we argue that the fear surrounding rising rates and their impact on bonds and retirement portfolios is likely overblown.
A mixed batch of inflation readings moved market expectations, but it is more important to remember the Fed’s inflation dashboard.