Putnam Investments Integrates Risk Management Into Investment Process

NEW YORK--Integrating risk management into the investment process is the key challenge facing Erwin Martens, managing director and head of risk management for Putnam Investments. Although the systems are in place, sophisticated new instruments, market events and tremendous fund growth continue to keep his job interesting, he says.

At Putnam Investments, portfolio managers are driven to protect the client, which in turn protects the firm, its reputation and finally the assets under management. The