Putnam Investments [see profile] CEO Bob Reynolds is on The Boston Globe's list of the 30 most innovative people in Massachusetts.

Bob Reynolds Putnam Investments CEO

Reynolds is a runner-up to PeoplesBank CEO Douglas Bowen in the banking, finance and insurance category.

"The native of West Virginia recruited a raft of talented investment professionals and helped reenergize the firm's investment performance," writes The Globe's Todd Wallack of Reynolds. "He also persuaded investors to pump new money into the firm by launching more than 20 products, including "absolute return" funds that try to hit a fixed target — such as 3 percent above treasuries — in good times and bad. They've attracted more than $3 billion in investments, and have been copied by other firms."

Click here to see the complete profile.

Another runner-up is Andrew Lo, professor at MIT Sloan School of Management and founder of Alpha-Simplex Group.

Click here to see who else made the list.  

Edited by: Armie Margaret Lee


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