Adrian H. Chan, CFA
Portfolio Manager
Mr. Chan is a Portfolio Manager in the Global Asset Allocation (GAA) group. He is responsible for
derivatives and volatility strategies, including tail-risk hedging. In addition, Mr. Chan assists in portfolio
construction for U.S. stock selection processes and leads efforts in custom indexing. His work also
contributes to Putnam’s Capital Markets Outlook. Mr. Chan has been in the investment industry since he
joined Putnam in 2003. After leaving in 2006 to complete his M.B.A., he rejoined the firm in 2008.
Mr. Chan is a Portfolio Manager of Putnam Dynamic Asset Allocation Funds (Balanced, Conservative, and
Growth); Putnam Multi-Asset Income Fund; Putnam Retirement Advantage Funds; Putnam Sustainable Retirement Funds; and Putnam 529 for America. Previously at Putnam, he served as an Analyst, an Investment Associate, and an Intern in the GAA group.
More from the team

Economic imbalances could mean deep recession or sticky inflation
A deep recession could have a significant impact on financial markets.

Economic moats | Active investors seek wider moats
Economic moats, also called business moats, are competitive advantages that help a company maintain long-term profits and market share over competitors.

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.

You must be present to win: The outlook for large-cap growth stocks
Large-cap growth stocks delivered solid returns in the early months of 2023, and we remain optimistic about their prospects.