Bond funds or buy your own? For advisers, a split decision
- An Empirical Examination of the Determinants of Municipal Bond Underwriting Fees. Luby, Martin; Moldogaziev, Tima // Municipal Finance Journal;
The municipal bond market has undergone dramatic changes over the last 20 years. Some of these changes relate to the use and activities of financial intermediaries, including financial advisors and investment banks, both of which have come under increasing scrutiny in light of the Great...
- More Muni Bond Savings Could Help Raise Providence's Ratings, PFM Says. Piazza, Johanna // Bond Buyer;3/5/2004, Vol. 347 Issue 31835, p27
Reports on the recommendation of financial adviser Public Financial Management Inc. for Providence, Rhode Island to take more aggressive actions in the municipal bond market. Need for the city to monitor market conditions for refunding opportunities; Reduction of the current debt of the city;...
- Power community will plug away at its effort to grandfather debt. Kinnander, Ola // Bond Buyer;01/03/2000, Vol. 331 Issue 30799, p1
Reports on the performance of top senior managing underwriters in the municipal bond market in the United States in 1999. Includes Salomon Smith Barney Inc.; Goldman, Sachs & Co; Merrill Lynch & Co.; Bear, Stearns & Co.
- Munis Likely to Keep Outperforming Treasuries. Johnson, Anastasija // Bond Buyer;1/27/2006, Vol. 355 Issue 32307, p1
The article reports on the performance of the United States ten-year municipal bonds in the beginning of 2006. According to financial analysts, the bonds outperformed their taxable counterparts because of low supply and seasonal investment demand. They also see relative value opportunities on...
- OPPORTUNITIES STIRRING IN THE MUNICIPAL MARKET. WATSON III, J. GIBSON // On Wall Street;Nov2008, Vol. 18 Issue 11, p79
The author addresses the opportunities presented in the municipal bond market in the U.S. He considers the possible continued trading of municipal bonds at tight premiums over Treasuries. He believes the mix of the uncertainty surrounding possible changes in the tax code and an unusual dynamic...
- These are your father's muni guys: Industry shows its age. Heaton, Kenneth // Bond Buyer;06/01/99, Vol. 328 Issue 30652, p1
Reports on the difficulties of hiring municipal bond market professionals in the United States. Business graduates interested in municipal bonds; Effects of talent drought on the industry.
- Dearth of supply requires some creative solutions from fund managers. Polyak, Ilana // Bond Buyer;10/28/97, Vol. 322 Issue 30261, p9
Focuses on the strategies of various municipal bond fund managers in Minnesota to boost performance. Includes buying of cushion bonds when they are cheaper; Selection of a high-yielding sectors such as housing, education and senior living.
- Ohio managers face scarce supply, but cite state's diversity. Karchmer, Jennifer // Bond Buyer;01/27/99, Vol. 327 Issue 30566, p7
Focuses on the efforts of fund managers in Ohio to combat the effects of the lack of supply of municipal bonds in the state. Combining of credit quality with other sectors; Success in diversifying its industrial base; Emphasis on agricultural and multifamily housing sectors.
- The rise of consultants. Hume, Lynn // Bond Buyer;03/17/99, Vol. 327 Issue 30600, p1
Reports that municipal securities dealers have increased their expenditures on consultants to obtain business in the United States. Level of compensation of financial consultants; Review of firms' quarterly G-38 filings.