Michael J. Lima, CFA
Portfolio Manager, Analyst
Mr. Lima is a Portfolio Manager and an Analyst on the Credit Research team in the Fixed Income group. He
is a Portfolio Manager of Putnam Money Market Fund, Putnam Short Duration Bond Fund, Putnam Ultra
Short Duration Income Fund, Putnam Short Term Investment Fund, and Putnam ESG Ultra Short ETF. As an Analyst, Mr. Lima is responsible for conducting fundamental analysis, developing insights on material sustainability issues,
assessing valuations, and making buy/sell recommendations for companies in the global financials
sector, which impact multiple fixed-income strategies. He has been in the investment industry since he
joined Putnam in 1997. Mr. Lima is a member of the CFA Society Boston.
ETFs |
|---|
| Putnam ESG Ultra Short ETF |
More from the Fixed Income team
Economic imbalances could mean deep recession or sticky inflation
A deep recession could have a significant impact on financial markets.
Currency views
Fixed income markets experienced widespread declines in the U.S. and globally in the third quarter of 2022, as inflation remained high and became more broad-based.
Inflation demands Fed's focus as bank lending tightens
Even as bank lending tightens, the Fed may still need to keep rates high for longer to bring down inflation.
The Fed walks a line between inflation and financial stability
Given the fragilities in financial markets, the Fed will likely move cautiously in monetary tightening to fight inflation.