Dan Seymour
Recent Stories From this Author
Once-Cheap CEFs Continue High-End Transformation
September 1, 2010 If theres a day of reckoning on the horizon for municipal closed-end funds, the market hasnt spotted it as...
BlackRock Rakes In $1B for BAB CEF
August 30, 2010 BlackRock has raised more than $1 billion for a closed-end fund devoted to Build America Bonds, creating the largest public...
Mutual Funds Nab $728.4 Million
August 27, 2010 Municipal bond mutual funds reported another healthy slug of new money last week as demand for high-quality fixed income...
U.S. Trust Hires Ex-Fitch Director Litvack as Fixed-Income Strategist
August 25, 2010 U.S. Trust has hired David Litvack as managing director and fixed-income strategist, the wealth manager said Wednesday.
J.J. Kenny Offers Three New Total-Return Benchmarks
August 24, 2010 J.J. Kenny Drake has launched three new municipal total-return indexes intended for use as benchmarks by mutual funds, private...
Econsult Buys Big Stake in Fairmount Capital Advisors
August 23, 2010 Econsult Corp. has purchased a substantial interest in Fairmount Capital Advisors in a move to combine financial consultancies...
Mutual Fund Investors Adjust Attitudes
August 20, 2010 Cash continues flooding into municipal bond mutual funds as retail investors embrace yields many once scorned as being far too...
Municipals Keep on Marching
August 19, 2010 When asked whether municipal bonds can continue their record-setting ways, one of the most common refrains from market...
Mutual Fund Cash Balloons
August 13, 2010 Retail demand for municipal bonds continued to surge last week as mutual funds that invest in state and local government debt...
With $16M Loss, 2nd Quarter Wasnt Kind to FGIC
August 11, 2010 Financial Guaranty Insurance Co. fell more deeply into the hole in the second quarter as the insolvent bond insurer lost more...