Carolyn Hughes joined Putnam Investments as senior vice president and portfolio adviser, a new position. She will be part of the equity team and be responsible for communicating to clients decisions in strategy, policy and tactics.
Ms. Hughes previously was global partner and a director of international marketing for INVESCO Global Asset Management. She won't be replaced directly, but Orlando Lobo was hired as a director of international marketing. He had been with Aeltus Investment Management's Asian management group in Hong Kong, which INVESCO purchased earlier this year.