Robert J. Schoen
Co-Chief Investment Officer, Global Asset Allocation
Mr. Schoen is Co-Chief Investment Officer, Global Asset Allocation (GAA), and a member of Putnam's
Operating Committee. In his role as Co-CIO of GAA, he directs the overall strategy and positioning of
Putnam's GAA products. Mr. Schoen oversees the research that drives equity security selection strategies,
portfolio construction, and risk management for GAA portfolios. His work also contributes to Putnam's
Capital Markets Outlook. In addition, Mr. Schoen is a member of Putnam’s ESG Leadership Committee. He
joined Putnam in 1997 and has been in the investment industry since 1990.
Mr. Schoen is a portfolio manager of Putnam Dynamic Asset Allocation Funds (Growth, Balanced, and
Conservative); Putnam Dynamic Risk Allocation Fund; Putnam Multi-Asset Absolute Return Fund; Putnam
Multi-Asset Model Portfolios; Putnam Retirement Advantage Funds; Putnam RetirementReady Funds; and
Putnam 529 for America. Previously at Putnam, he served as a Co-Head of GAA, Head of the Quantitative
Models group, and an Analyst in the GAA group.
More from the team

Currency views
Fixed income markets experienced widespread declines in the U.S. and globally in the third quarter of 2022, as inflation remained high and became more broad-based.

U.S. recession outlook as China reopens
We outline possible scenarios for inflation and recession in the year ahead and how global forces play roles.

Expect a pause, not a pivot, as savings fuel spending
In the coming months, the Fed will not likely pivot, but pause and wait with a high level of rates for convincing signs of disinflation.

High job openings signal wage-price spiral
Limited labor supply, higher wages, and a high staff turnover seems to have initiated a wage-price spiral.