Ms. Ferullo is a Portfolio Manager on the Corporate and Tax-Exempt Credit team within Fixed Income,
managing Putnam's Stable Value strategies. She is responsible for developing Putnam’s multi-sector and
credit-focused retail and institutional strategies. Ms. Ferullo joined Putnam in 2010 and has been in the
investment industry since 1989.
In addition, Ms. Ferullo coordinates the sustainable investing platform for the Fixed Income division. She
drives the adoption of ESG investing initiatives, collaboration, and communication across the Fixed
Income group. As a member of the ESG Leadership Committee, Ms. Ferullo coordinates ESG efforts with
various business units across the firm.
Previously at Putnam, Ms. Ferullo served as a Senior Investment Director, Fixed Income, overseeing the
product development efforts for the firm's fixed income strategies, including Putnam Ultra Short
Duration Income Fund, Putnam’s U.S. High Yield and Tax-Exempt products and strategies, and numerous
structured credit and multi-sector strategies.
More from the Fixed Income team
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.
Young businesses are a major source of employment, a key variable determining the economic cycle.
In the coming months, the Fed will not likely pivot, but pause and wait with a high level of rates for convincing signs of disinflation.
Limited labor supply, higher wages, and a high staff turnover seems to have initiated a wage-price spiral.