Advisory firm Clark Capital Management Group created a new fund that uses munis to hedge against interest-rate risk and formed a partnership with longtime muni pro Jonathan Fiebach to run it.
Clark Capital Management Teams Up to Run New Muni Fund
OCT 3, 2013 4:25pm ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
"One of these things does not belong" is a catchy slogan and it comes to mind when looking at the latest tax policy ideas coming from Washington when looking at the municipal bond tax exemption. The exemption is not a result of the growth of a tax code designed to induce or reduce certain behaviors. Rather, it is the foundation for the flow of capital in a $3.7 trillion dollar market required to efficiently finance the nation's infrastructure.
the bond buyer conferences
March 26-28, 2014Fontainebleau Miami Beach, Miami Beach, FL
May 1- 2, 2014Hyatt Regency, Baltimore, MD