Global investing calls for active management

The global investment landscape has changed significantly since the 2008 financial crisis. The risks and opportunities are more diverse, offering potential returns for an active strategy managed by professionals who understand the terrain.

  • Divergent global growth
  • Disparate yields and ratings

Industrial output has diverged since the recession

Before the 2008 global recession, government policies and economic growth rates around the world were converging. As central banks and governments experimented with different policy responses since 2008, growth rates have diverged, offering a more complicated range of opportunities and risks for investors.

Sources: Datastream, Putnam. Index levels normalized at 100 in January 2007. Most recent data available as of 1/31/15.