-
-
-
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.
October 3 -
The total net assets of tax-exempt money market funds dipped to $263.15 billion after $588.70 million of outflows in the week ended Sept. 30, the third consecutive decline, according to The Money Fund Report, a service of iMoneyNet.com.
October 3 -
Clark Capital Management Group, a family- and employee-owned investment advisory firm that manages $3 billion in assets, appointed Main Point Advisors, Inc. to sub-advise its new Navigator Duration Neutral Bond Fund.
October 3 -
Table as of: 10/02/2013 13:01 PM Invisible Supply Issuer and purpose Amount
October 3 -
-
-
The municipal market is prepared to withstand a congressional impasse over raising the debt ceiling this month as a U.S. credit downgrade that roiled the tax-free market during the 2011 debate is considered unlikely to recur this time around.
October 2 -
After the Fed decided not to taper its stimulus program, muni investors may want to grab an airbag, as the market faces likely volatility in interest rates, fund flows, potential issuance and municipal bond relative attractiveness.
October 2
-
One asset Manager says that, contrary to conventional wisdom, when interest rates rise, municipal investors who try to limit their risk might be wise to not shorten the maturity on their bonds.
October 2 -
Table as of: 10/01/2013 12:22 PM Invisible Supply Issuer and purpose Amount
October 2 -
-
-
-
-
Table as of: 09/30/2013 15:03 PM Invisible Supply Issuer and purpose Amount
October 1 -
September long-term municipal bond volume fell 26% to its lowest since 2001, when terrorist attacks on the World Trade Center and the Pentagon closed the markets for four days.
September 30
-
Bonds issued by the Commonwealth of Puerto Rico and related entities have experienced dramatic price swings since mid-August, amid shifting expectations about future supply and a growing media spotlight on the island's budget fundamentals.
September 30 -
