Robert J. Schoen
Co-Chief Investment Officer, Global Asset Allocation
Mr. Schoen is Co-Chief Investment Officer, Global Asset Allocation (GAA), and a member of Putnam's
Operating Committee. In his role as Co-CIO of GAA, he directs the overall strategy and positioning of
Putnam's GAA products. Mr. Schoen oversees the research that drives equity security selection strategies,
portfolio construction, and risk management for GAA portfolios. His work also contributes to Putnam's
Capital Markets Outlook. In addition, Mr. Schoen is a member of Putnam’s ESG Leadership Committee. He
joined Putnam in 1997 and has been in the investment industry since 1990.
Mr. Schoen is a portfolio manager of Putnam Dynamic Asset Allocation Funds (Growth, Balanced, and
Conservative); Putnam Dynamic Risk Allocation Fund; Putnam Multi-Asset Absolute Return Fund; Putnam
Multi-Asset Model Portfolios; Putnam Retirement Advantage Funds; Putnam RetirementReady Funds;
Putnam Total Return Fund; and Putnam 529 for America. Previously at Putnam, Mr. Schoen served as a
Co-Head of GAA, Head of the Quantitative Models group, and an Analyst in the GAA group.
More from the Asset Allocation team
Revisiting the rates conundrum
Bond bears expecting bad news in 2022 should think about the stubbornly low yields of the past two decades.
Market volatility returns to "old" normal
Our outlook for stock market volatility sees the levels reached in 2018 continuing, in part because these levels were close to the long-term norm.
Calibrate equity allocations with higher savings rates
Evidence of higher savings rates by plan participants make it reasonable to consider lower equity allocations across the glide path of target-date funds.
How to plan more rationally for longevity risk
Longevity risk — the possibility outliving one's money in retirement — is a genuine risk, but data suggests that many people overestimate its likelihood.