
BT and Putnam
BT Funds Management (BT) has agreed to appoint Putnam Investments 1 to manage A$5 billion of international share assets within BT's range of managed funds and superannuation portfolios. The
announcement follows an extensive search by global research firm, the Frank Russell Company. Frank Russell's task was to find the best international equities manager - of similar investment style to that currently used by BT - for BT investors.
The following provides you with some further information on this appointment.