Investment Goals

    Dec 9, 2016

Asset Allocation: Increasing High Yield Municipal Exposure

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November was the worst month for municipal bonds since September 2008 with the Bloomberg Barclays...

    Dec 5, 2016

Update on the Municipal Markets

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In our Market Insights for 2016, Liquidity Wars, we discussed the potential for bouts of heightened municipal market volatility resulting from liquidity disruptions.

    Dec 1, 2016

Smart Cities and the Long View

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We recently caught up with Edward Ramos, Chief Investment Officer of Global Fundamental Equities at Cornerstone Capital Management and Portfolio Manager for...

    Nov 22, 2016

If Tax Rates Go Down, There’s Still an Upside to Munis

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While it’s early days, President-elect Donald Trump has indicated his intention to lower tax rates for...

    Nov 17, 2016

Municipal Bonds: 5 Key Takeaways After the Election

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After the election we caught up with Bob DiMella, Co-Head of MacKay Municipal Managers, to get his...

    Nov 14, 2016

It’s Tax-Loss Harvesting Season

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While market volatility may seem challenging, price declines often present many investors with ample tax-loss harvesting opportunities.

    Nov 2, 2016

Low 2s, High 1s, and Shareholder Yield

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Through the first three quarters of the year, the U.S. economy has grown at a real rate of 1.7%. Now that the headwind of several quarters of past inventory paring appears to be...

    Oct 27, 2016

High Yield and the Efficient Frontier

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High yield spreads over Treasury securities have come in since February 11 and today stand near their long-term average level.