Background

Emily Shanks is a portfolio manager on the Financial Reserves Management and Leveraged Credit Teams, where she manages credit portfolios for clients with customized risk and return objectives, often related to accounting and/or regulatory constraints, such as insurance and bank clients. She also develops IG credit and high-yield strategies utilized in multi-sector portfolios. Additionally, Emily manages dedicated sub-investment grade portfolios, investing in both high yield bonds and bank loans on behalf of clients.

Prior to joining the firm in 2021, Emily worked at Putnam Investments (2012 – 2021) where she was most recently the lead portfolio manager responsible for all investment-grade corporate credit investments across a range of different strategies in all of Putnam’s funds. She also managed a variety of credit portfolios invested in both investment grade, high yield, and bank loans for a variety of mutual funds and institutional mandates, including customized solutions. Prior to her portfolio manager role, she was a global credit research analyst (2012 – 2016) covering the retail/services sectors across the IG, HY, and Leveraged Loan markets.

Before joining Putnam, Emily worked at Barclays Capital (2008 – 2012) and Lehman Brothers (1999 – 2008) as a high yield and leveraged loan publishing credit research analyst covering the retail and services sectors, and was an Institutional Investor magazine ranked All America Fixed Income Research Team. At Lehman Brothers, she started her career on a structured finance desk (Liability Management Group) focused on the IG and HY markets (1999 – 2004).