Driven by innovative thinking, Putnam has practiced an active, risk-conscious approach to investing since the launch of our first fund in 1937, now called George Putnam Balanced Fund. Today, Putnam provides investment services across a range of equity, fixed income, absolute return, and alternative strategies. A global asset manager and retirement plan provider, Putnam distributes its services largely through intermediaries via offices and strategic alliances in North America, Europe, and Asia.