Christine Albano is a reporter in the Investor’s & Investing beat, which she has covered for the past two decades. She has a wide range of buy side sources in the municipal market and has covered trends affecting retail investors, institutions, municipal mutual funds, tax-exempt money market funds, and the high-yield beat. She has also written about some of the industry’s biggest issues, such as historic defaults in Orange County, Calif., Puerto Rico, and Jefferson County, Ala., as well as the collapse of the variable-rate demand market. In addition, she reported on the subsequent 2008 financial crisis, and the death of municipal bond pioneer Jim Lebenthal. She provided next day coverage of the impact on the municipal bond market of the Sept. 11 terrorist attacks on the World Trade Center, and recently interviewed The Vanguard Group Inc. founder, former chief executive officer, and investment guru John C. Bogle about the best investing advice for the municipal market.
-
"The market has had a solid tone to it recently even with the strong rally seen this month," Roberto Roffo, managing director and portfolio manager at SWBC Investment Management, said of the Nov. 10 rally where municipal yields in 10 years fell by as much as 40 basis points.
November 22 -
"Everyone is reevaluating and taking a breather after the numbers [on Tuesday]," a New York trader said.
November 15 -
The recent rise in yields has created an opportunity for those investors waiting to "jump into the market," said Roberto Roffo, portfolio manager at SWBC Investment Company.
October 13 -
A "pillar of the public finance community," Gerdes' extensive career spanned many facets of the industry and he was instrumental in many major building and financing programs for clients.
October 11 -
Vogel's more than three-decade career included his more recent span of 17 years at Neuberger Berman in New York City as a senior vice president beginning in 2006.
October 11 -
"People are just kind of sitting on their hands and being careful because MMD is raising yields every day and people don't know which way this is heading," said John Farawell of Roosevelt & Cross.
By Chip BarnettSeptember 25 -
Refinitiv Lipper reported $116.737 million was pulled from municipal bond mutual funds for the week ending Wednesday after $798.474 million of outflows from the funds the previous week.
September 14 -
"I traded in my labor and delivery scrubs for a career in finance when I had an incredible opportunity to intern at Merrill Lynch as a 16-year-old senior at Stuyvesant High School," William Kim said
September 13 -
"I had the opportunity to work with interesting issuers and complex transactions early on in my career, which gave me a solid foundation to build on," Kevin Plunkett said.
September 13 -
Greg Shuman said he favors municipals for being a niche market, its blend of government policy and economics, the quantitative focus of fixed income as an asset class, and the complexity and evolving nature of municipal finance and markets.
September 13