PUTNAM ADVISORY CO LLC (‘PUTNAM IM’) announces the appointment of Eric Roeleven as Head of Institutional Sales, Zurich as of 1 October 2017.

Eric was a client relationship manager at PUTNAM IM between 1998 and 2005. He re-joins the business from Pictet Asset Management in Zurich, where he was responsible for covering institutional clients in the German-speaking part of Switzerland. Prior to joining PUTNAM IM in 1998 Eric held several positions at Clariden Bank and UBS.

Eric reports to Jonathan Clenshaw, who himself joined PUTNAM IM from Deutsche Asset Management in July 2017.

Jonathan Clenshaw, Head of Institutional Sales for Europe at PUTNAM IM, comments: “In a low yield world clients are looking for customised investment solutions. They are re-thinking asset allocation, taking more credit risk and exploring emerging market debt. Senior, seasoned solutions and distribution professionals of Eric’s calibre are crucial as we meet the complex needs of our clients and develop our business in Switzerland.”

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This document has been prepared by PUTNAM Funds (Europe) S.A. and is issued by PUTNAM, authorised and regulated by the Financial Conduct Authority (the “FCA”).

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