Putnam Investments Limited (London)

Name: Putnam Investments Limited
Address: 16 St. James's Street, London, Sw1 A 1 Er
Telephone: 011-44-20-7907-8200

Putnam Investments Limited is a large advisory firm based in London. It manages $3.29 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2011.

Putnam Investments Limited provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Putnam Investments Limited: assets under management

The assets under management (AUM) of Putnam Investments Limited is $3.29 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 16% since the beginning of its operation, and $2.11 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.29 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $164.73 million each.

Investments

The firm invests in investment grade corporate bonds the most. They account for 45% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 29% of the firm’s portfolio. Investments in exchange traded securities form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Putnam Investments Limited for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Alan Graham Mccormack serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Alan Graham Mccormack is pooled investment vehicles with 8 clients and $1.29 billion of assets under management. Among the 10 most similar advisory firms, Putnam Investments Limited has the 2nd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.43 billion for 11 clients. 65% of the firm’s clients are foreign persons or businesses.

Putnam Investments Limited also advises several private funds.

Careers at Putnam Investments Limited

The company employs 21 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Alan Graham Mccormack has been acting as President since 1 Dec 2008. Llc Putnam Advisory Holdings Ii joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Tracey Michelle Hall	Compliance officer - london	1 Jan 2005	Other	4920454
Simon Lee Davis	Director, chief executive officer	1 Apr 2006	Other	5408312
Joseph Thomas Phoenix	Director	1 Apr 2006	Other	1533594
Robert R Leveille	Chief compliance officer	1 Mar 2007	Other	5305652
Llc Putnam International Holdings	Shareholder	1 Nov 2007	75% - 100%	26-1540311
Alan Graham Mccormack	Director	1 Dec 2008	Other	5006540
Clare Richer	Director	1 Feb 2010	Other	4520133
Llc The Putnam Advisory Company	Shareholder	1 Apr 2012	75% - 100%	04-6187127
Jeffrey Lewis Gould	Director	1 Dec 2015	Other	1134481
James F. Clark	Chief compliance officer	1 Jan 2016	Other	6607431
Llc Putnam Advisory Holdings Ii	Shareholder	1 Jun 2018	75% - 100%	82-3210538

Indirect Owners

The SEC currently registers 26 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Paul Guy Desmarais	Shareholder, director	1 May 1968	50% - 75%	1498207
Power Financial Corporation	Shareholder	1 Mar 1986	50% - 75%	foreign entity
171263 Canada Inc.	Shareholder	1 Mar 1988	50% - 75%	foreign entity
Power Corporation Of Canada	Shareholder	1 Dec 1998	75% - 100%	foreign entity
Great West Financial (Canada) Inc.	Shareholder	1 Jan 2001	75% - 100%	foreign entity
Great West Lifeco Inc.	Shareholder	1 Jan 2001	75% - 100%	foreign entity
Great West Financial (Nova Scotia) Co.	Shareholder	1 Aug 2007	75% - 100%	foreign entity
Great West Lifeco U.S. Inc.	Member	1 Aug 2007	75% - 100%	26-0682635
Great West Lifeco U.S. Llc	Member	1 Aug 2007	75% - 100%	26-0682635
Llc Putnam Investments	Member	1 Dec 2007	75% - 100%	26-1080669
Llc Putnam Investments	Shareholder	1 Apr 2012	75% - 100%	26-1080669
Putnam Acquisition Financing Inc.	Member	1 Apr 2012	75% - 100%	98-0539229
Putnam Acquisition Financing Llc.	Member	1 Apr 2012	75% - 100%	87-0803672
Llc Putnam U.S. Holdings I	Member	1 Apr 2012	75% - 100%	04-3543044
The Desmarais Family Residuary Trust	Shareholder	1 Oct 2013	50% - 75%	foreign entity
Jacqueline Desmarais	Trustee	1 Oct 2013	Other	6264972
Michel Plessis Belair	Trustee	1 Oct 2013	Other	6264973
Guy Fortin	Trustee	1 Oct 2013	Other	6264971
Andre Desmarais	Trustee	1 Oct 2013	Other	6265184
Paul Desmarais	Trustee	1 Oct 2013	Other	1498208
Andre Roger Desmarais	Trustee	1 Oct 2013	Other	6265184
Paul Guy Desmarais	Trustee	1 Oct 2013	Other	1498208
The Desmarais Family Residuary Trust	Shareholder	1 Oct 2015	75% - 100%	foreign entity
Pansolo Holding Inc.	Shareholder	1 Oct 2015	50% - 75%	foreign entity
Llc Putnam U.S. Holdings I	Member	1 Oct 2017	75% - 100%	04-3543044
Sophie Desmarais	Trustee	1 Mar 2018	Other	6922224

Based in London

The principal office where Putnam Investments Limited performs its advisory services is located at 16 St. James's Street, London, Sw1 A 1 Er, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 011-44-20-7907-8200 or by fax 011-44-20-7907-8210. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at putnam.com.