Adrian H. Chan, CFA
Portfolio Manager
Mr. Chan is a Portfolio Manager in the Global Asset Allocation (GAA) group. He is responsible for
derivatives and volatility strategies, including tail-risk hedging. In addition, Mr. Chan assists in portfolio
construction for U.S. stock selection processes and leads efforts in custom indexing. His work also
contributes to Putnam’s Capital Markets Outlook. Mr. Chan has been in the investment industry since he
joined Putnam in 2003. After leaving in 2006 to complete his M.B.A., he rejoined the firm in 2008.
Mr. Chan is a Portfolio Manager of Putnam Dynamic Asset Allocation Funds (Balanced, Conservative, and
Growth); Putnam Dynamic Risk Allocation Fund; Putnam Multi-Asset Absolute Return Fund; Putnam
Retirement Advantage Funds; Putnam RetirementReady Funds; and Putnam 529 for America. Previously
at Putnam, he served as an Analyst, an Investment Associate, and an Intern 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.