Investment funds

Although there is no direct role for tax-exempt bonds in Opportunity Zones, municipalities are looking at them as a way to attract capital investment to economically distressed areas.

Changes in tax rates made mutual funds, not banks, the main driver of demand on the long end. The change has had the effect of pushing yields on long-term munis higher.

Isabella led trading operations at Shearson American Express and Banc One Capital Markets.

Issuer groups urged a Senate Panel to undo a 2014 SEC rule change that required money market funds to use a floating net asset value.

The manager of the top-performing high-yield muni fund says rising rates, attractive valuations, and improving ratios to Treasurys present an opportunity.

The household sector’s direct ownership of outstanding muni debt has dropped by $103 billion year over year -- and by more than $300 billion since 2010.

The bill would restore an important source of liquidity for state and local governments and the financing of critical infrastructure projects in communities across the nation.

Creditor groups have come down on both sides of a hedge fund's constitutional attack on the PROMESA oversight board.

Activists protested what they called Aurelius Capital Management’s support for austerity in Puerto Rico.

Ben Barber at Goldman Sachs Asset Management seeks opportunities for SMA and mutual fund investors with a wide range of goals.

A group of hedge funds that owns $3.3 billion of Puerto Rico bonds disclosed in court documents the amount that each of them holds.

Issuance is forecast to screech almost to a halt during the July 4th holiday shortened week.