Mr. Lima is a Portfolio Manager and an Analyst on the Credit Research team in the Fixed Income group. He
is a Portfolio Manager of Putnam Money Market Fund, Putnam Short Duration Bond Fund, Putnam Ultra
Short Duration Income Fund, Putnam Short Term Investment Fund, and Putnam ESG Ultra Short ETF. As an Analyst, Mr. Lima is responsible for conducting fundamental analysis, developing insights on material sustainability issues,
assessing valuations, and making buy/sell recommendations for companies in the global financials
sector, which impact multiple fixed-income strategies. He has been in the investment industry since he
joined Putnam in 1997. Mr. Lima is a member of the CFA Society Boston.
More from the Fixed Income team
The Fed is pursuing QT while being careful to avoid market disruption. Compare scenarios for QT and markets in Putnam's Macro Report.
Signs of falling inflation have helped risk assets recently, but the relief is likely temporary.
As inflation sticks around, it is important to think about how it is related to high government debt.
A contracting money supply paired with the Fed's quantitative tightening is adding bank sector stress on Treasury and MBS markets.