Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
Deals & People July 26, 2011
Putnam Announces Two Hires for Equity Teams
Putnam Investments announced that Aaron Cooper and Richard
“Shep” Perkins will lead the firm’s global equity research and
international equity investments teams.
Reported by Sara Kelly
Cooper joins Putnam as Director of Global Equity Research, and Perkins as co-head of International Equities. They will be based in Boston and work with London-based Putnam veteran, Simon Davis. All three managers will report to CIO Walter Donovan.
Cooper is responsible for overseeing Putnam’s global equity research efforts, and will also be named portfolio manager for Putnam’s Research and Global Sector funds. He comes to Putnam from Fidelity Investments, where he served as Managing Director of Research from 2007-2011. He also formerly managed the Fidelity Advisor Health Care Fund, the Fidelity VIP Health Care Portfolio and the Fidelity Select Medical Equipment and Systems Portfolio. He earned his B.A. in Economics at Harvard University.
Perkins will work closely with Simon Davis to bolster Putnam’s international equities unit, and will also be named portfolio manager of Putnam Global Equity Fund, alongside Darren Jaroch. He was portfolio manager for Fidelity’s Mid-Cap Stock Fund from 2005-2011, and previously was responsible for the Fidelity OTC Fund. He received his B.A. in Economics from Amherst College and is a CFA Charterholder.
“The arrival of Aaron and Shep will only enhance our capabilities in key areas and further position our investments team for long-term success,” said Donavon.