Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:BlackRock Poaches a Putnam PM Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, August 14, 2012

BlackRock Poaches a Putnam PM

News summary by MFWire's editors

Reuters reports that BlackRock [profile] has hired Bartlett Geer away from Putnam Investments [profile] in a bid to strengthen the iShares line of actively managed equity funds.

Geer will be a managing director of the BlackRock fundamental equity team, according to a company spokeswoman. He managed Putnam's Equity Income Fund, a $3.6 billion, four-star fund, for more than 12 years.

The Reuters story points out that Larry Fink has been aggressively trying to improve BlackRock's equity fund performance in recent months, dropping Bob Doll from the large-cap series and bringing in new managers. In last month's quarterly conference call, Fink pointed to fundamental equity as an area where the firm's performance needs improvement.

Putnam said that Geer will be replaced on the Putnam Equity Income Fund by Darren Jaroch

Edited by: Chris Cumming


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use