Exposures that flex with market volatility

Diversified Long/Short Equity

This equity strategy looks for “multiple ways to win” for each holding in its highly concentrated — but still liquid — portfolio. The manager can short securities for absolute return potential on an opportunistic basis.

Portfolio exposures can flex with conditions in the market to enhance potential returns. The strategy will typically be less than 80% invested during periods of lower market volatility. However, the manager can take advantage of periods of dislocation by increasing gross exposure to as much as 150% with the goal of capturing the power of up or down market movements.

For idea generation, the manager benefits from access to a global investment platform of fundamental researchers and risk experts.

Daniel Schiff

Daniel Schiff

Portfolio Manager

At Putnam since 2016. Industry since 1998. Prior experience as a Managing Partner and Diversified Portfolio Manager at Northern Pines Capital, a Senior Member of the Investment Team at Tudor Investment, a Private Equity Investor at Bain Capital, an Investment Banking Analyst at Morgan Stanley. B.A., Bowdoin College; M.B.A., Harvard Business School.