Robert J. Schoen
Co-Chief Investment Officer, Global Asset Allocation
Mr. Schoen is a portfolio manager of Putnam Dynamic Asset Allocation Funds (Growth, Balanced, and Conservative); Putnam Multi-Asset Income Fund; Putnam Multi-Asset Model Portfolios; Putnam Retirement Advantage Funds; Putnam Sustainable Retirement Funds; and Putnam 529 for America. Previously at Putnam, he served as a Co-Head of GAA, Head of the Quantitative Models group, and an Analyst in the GAA group.
More from the team

We believe BDCs are built to deliver dividends in a recession
We believe stocks of business development companies have evolved to better withstand a recession, and their dividends can remain at highly attractive levels.

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.

Will interest rates go down?
Our base case for our strategy remains that a recession will wipe out excess savings, and the relatively low interest-rate environment will return.

U.S. recession outlook as China reopens
We outline possible scenarios for inflation and recession in the year ahead and how global forces play roles.