In this video, James Dearborn, Head of Municipal Bonds at Columbia Management, shares his 2015 outlook for the municipal bond market. Dearborn emphasizes that low supply, a continuing trend of decreasing defaults and historical resilience to interest rate moves relative to other fixed-income investments combine to paint an encouraging picture for 2015. Finally, what investors can expect from munis across the maturity spectrum is discussed.
Municipal Bonds – 2015 Outlook
Michael Mauboussin: Here’s what active managers can do
The debate over active versus passive management continues as trends show the ongoing shift from active into passive funds. Q2 2020 hedge fund letters, conferences and more At the Morningstar Investment Conference, Michael Mauboussin of Counterpoint Global argued that the rise of index funds has made it more difficult to be an active manager. Drawing Read More