Wealth management

With a trillion dollar infrastructure deficit looming and a bill not yet on the table, many are wondering how pension funds could help.

Joseph Rosenblum said he wore many hats, sometimes acting as financial analyst, political scientist, attorney, or investigator.

Eagle Asset Management PM Manager uses barbell approach to find value for clients when short-term munis are expensive relative to Treasurys.

Public pension funds are increasingly attracted to infrastructure investment.

Improved liquidity, spreads, and flows prompt some first-quarter adjustments.

Muni bonds are giving younger investors the opportunity to put their money to work in ways that they value.

Investors, bond lawyers, and other market participants are grappling with how to approach the issue of climate change.

The survey of securities firms showed pressures caused by unfunded pension obligations is expected to be the biggest issue for the muni market next year.

Millions of workers have multiple jobs. That means they might have multiple retirement plans. Here are the rules for situations in which a client can set up and/or contribute to more than one plan at a time.

Peter Hayes, head of municipals at BlackRock, says liquidity is sound and muni funds can cope with outflows. He says that among the larger factors in their daily decision-making is the status of an issuers’ pension and OPEB liabilities along with bond structure. John Hallacy is host.

Sycamore Advisors taps muni veterans Dominick Setari and Chris Valentino to help build its Northeast muni business.

Continued selling would put more pressure on an already burdened secondary market.

The New York City Comptroller is encouraging greater diversity among investment managers hired by the city’s pension funds.

The two Midwest firms combined to expand their fixed-income capabilities amid rising rates.

One proposal is to use the Chicago water system to fund the Windy City’s public employee pension plans.

Wilshire Consulting said the aggregate funded ratio for U.S. state pension plans remained unchanged between and first and second quarters of 2018 at 70.8%, up 0.7 percentage points from the previous 12 months.

Portfolio managers say taxable alternatives have appeared cheaper lately when compared to the short end of the tax-exempt yield curve.

The city will sell them this year if Rahm Emanuel's administration decides to move forward.

The settlement means the court won't decide the rights of bondholders versus pension funds.

The Public Employee Pension Transparency Act (HR 6290) would prohibit states and localities from issuing tax-exempt bonds unless they file annual reports on their public pension systems to the U.S. Treasury Department.