Prime Time for Diversifying with Municipal Bonds, According to Capital Group
Munis provide a good recession buffer in the current market, experts say.
Nuveen Muni Head Steps Down on Heels of Legal Settlement
The firm said 30-year veteran John Miller will be replaced by current taxable muni lead Daniel Close.
FTSE Russell Adds Investment-Graded Index
The index, which also tracks tax-exempt U.S. dollar-denominated bonds, will include sub-indexes to allow for a thorough analysis of the municipal bond market structure.
Advisers’ Top Concern About Muni Bonds Is Yield
"As passive investing continues to grow, rather than simply accept an imperfect benchmark portfolio, municipal bond investors with a preference for passive solutions should think about adopting a smart beta approach,” suggests Catherine Stienstra, head of municipal investments at Columbia Threadneedle.
Investment Products and Services Launches
Hartford Funds Adds ETF Seeking Tax-Exempt Income, and Wilmington Trust Releases Margin Management Solution with AcadiaSoft Services.