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"Many asset managers are using too many systems to do one job," said Justin Land, CEO of AG Analytics.
February 23
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It says the plan of adjustment can treat bonds of National Public Finance Guarantee differently and let National vote in a different class.
February 22
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Inflows continued with the Investment Company Institute reporting investors added $931 million to mutual funds in the week ending Feb. 15, after $2.194 billion of inflows the previous week.
February 22
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The public finance industry veteran brings his experience to the minority owned investment banking and advisory firm.
February 22
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The state's public pension system initially warned of a $6.7 billion 10-year impact of the required changes that could drive up employer pension costs but an amended version eliminated most of the negative impact clearing the path to advance the bill.
February 22
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The ruling striking down Rhode Island's tolling program constrains states' efforts to solve complex infrastructure problems, the state says.
February 22
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Southeast states are generous with incentives for electric vehicle factories; less so for people and businesses who operate EVs.
February 22
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State and local governments across the country are making increased efforts to put money forward for the purpose of reparations.
February 22
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"Our goal and our mission is really this — to provide investors with the insightful research that will help them make better investment decisions," says Janice Hofferber, head of Moody's Public Finance group.
February 22
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Federal Reserve Bank of St. Louis President James Bullard said the U.S. economy is proving more resilient than expected and repeated his call for the central bank to keep raising interest rates.
February 22
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"The close to 50 bp adjustment to the front end of the AAA municipal curve, taken at face value, appears to be a huge step toward pricing normalization for tax-exempts," said Eric Kazatsky, head of municipal strategy at Bloomberg Intelligence.
February 21
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A bill introduced by Sen. Dave Min would prohibit banks that invest in gunmaking from working on any aspect of state public finances, including bond sales.
February 21
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The proposed plan's superior treatment of National Public Finance Guarantee-insured bonds is discriminatory and thus illegal, they allege.
February 21
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Public power agencies argued that subsidies for Build America Bonds should be exempt from the federal budget sequestration process.
February 21 -
A panel that includes public finance professionals is tasked with finding fiscal and operational solutions for the transit systems, which face a fiscal cliff.
February 21
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New York State Comptroller Thomas DiNapoli talks with Chip Barnett about his proposal for an amendment to the state constitution to limit backdoor borrowing by agencies and give voters a bigger say on bond issuance. (25 minutes)
February 21
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A controversial $5 billion bond-financed extension project spurred several bills that would alter the Oklahoma Turnpike Authority's debt and other practices.
February 21
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