Asked about what Putnam has seen develop this year in terms of environmental, social and governance investing programs, and about how “ESG” fits into the discussion of active and passive management, Putnam Investments CEO Bob Reynolds had a lot to say.
Tag: active management
Looking at asset flow data provided by Wells Fargo, there is very little money going into the standalone index equity fund options being added to DC plan menus—and this is probably a good thing.
Some are building proprietary investment models.
Today, only 69% of assets in retirement plans are in actively managed funds, down significantly from 84% in 1996.