Putnam Investments Congratulates Jameson Baxter and Kate Lakin on Mutual Fund Industry Awards

BOSTON, March 31, 2017 — Putnam Investments today congratulated Jameson A. (Jamie) Baxter and Kate Lakin on being honored at last night’s 24th annual Mutual Fund Industry Awards in New York City. Baxter, Chair of the Board of Trustees of the Putnam Funds, received a Lifetime Achievement Award. Lakin, Putnam’s Co-Director of Equity Research, was named a “Rising Star of Mutual Funds.”

Commenting on the Lifetime Achievement Award presented to Putnam Funds Chair Jameson Baxter, Putnam Investments President and CEO Robert Reynolds said, “This is an extremely well-deserved recognition of Jamie’s impressive career and dedicated service to the mutual fund industry and fund board community. Jamie has demonstrated extraordinary leadership for many years in serving the Putnam Funds and as a respected voice for mutual fund governance. It has been an honor and pleasure to work closely with this outstanding professional — and gracious, dignified individual.”

Baxter, a Putnam Funds Trustee since 1994, Vice Chair from 2005 to 2011, and Chair since 2011, is president of Baxter Associates, Inc., a private investment firm she founded in 1986. Earlier, she served as Vice President of the First Boston Corporation and as a principal of the Regency Group.

Long active in corporate and community circles, Baxter also serves as Chair of the Mutual Fund Directors Forum, a director of the Adirondack Land Trust, and a trustee of the Nature Conservancy’s Adirondack Chapter. She has served on many corporate and nonprofit boards including ASHTA Chemicals, Inc.; Banta Corporation; Ryerson, Inc.; Intermatic Corporation; Good Shepherd Hospital; and Emma Willard School. She also is Chair Emerita of the Board of Trustees of Mount Holyoke College, of which she is an alumna, and is a recipient of the Mount Holyoke Alumnae Medal of Honor.

Rising Star

Also honored at the Mutual Fund Industry Awards was Putnam’s Co-Director of Equity Research, Kate Lakin, who was recognized as a Rising Star of Mutual Funds winner. “Kate is a talented leader who has quickly earned the respect of her colleagues, and we are pleased that she has been recognized with this industry award,” said Reynolds. “At this phase of her career, Kate has accomplished a tremendous amount professionally and in giving back to the community. We are very proud that she is a part of the Putnam family.”

In her role as Putnam’s Co-Director of Equity Research, Lakin oversees the work of 36 analysts who cover every major industry, providing fundamental research and analysis for the firm’s broader equity platform. In addition, Lakin serves as portfolio manager on Putnam Research Fund, Putnam Global Sector Fund, and Putnam Capital Opportunities Fund.

Lakin established and manages Putnam’s full-time Equity Associate Program, which recruits, trains, and develops undergraduates over a three-year period. She also leads Putnam’s MBA and undergraduate internship programs, helping to build the firm’s next generation of investment management talent. Formerly, she was responsible for Putnam’s on-campus recruiting at both the undergraduate and MBA levels.

Prior to joining Putnam in 2012, Lakin held positions in Equity Research at Fidelity Investments. She holds a B.A. degree from Wellesley College and is an MBA candidate in asset management at the Yale School of Management. Lakin is a co-founder of the Young Professionals Council of the Cambridge Family and Children’s Services and has been an individual fundraiser for Cycle for Survival, a national fundraising movement to beat rare cancers.

About Putnam Investments

Founded in 1937, Putnam Investments is a global money management firm with nearly 80 years of investment experience. At the end of February 2017, Putnam had $160 billion in assets under management. Putnam has offices in Boston, London, Frankfurt, Tokyo, Singapore, and Sydney. For more information, visit putnam.com.