Our commitment to performance with purpose.


Since 1938, MacKay Shields has partnered with clients to help meet their investment goals through high quality products and exceptional service. We serve a prominent group of pension funds, government and financial institutions, family offices, high net worth individuals, endowments, and foundations from across the globe.

Boutique Approach

Boutique investment teams utilize their own philosophy, processes, and experience to add value across capital markets.

Strategies

Strategies

High Touch Service

We offer our clients direct access to our investment teams. We’re well aware that our people are the best investment of all.

Our Investment Teams

Our Investment Teams

Responsibility In Action

We provide purposeful opportunities for our employees and promote the well-being of the environment and communities in which we work and live.

Responsibility

Responsibility

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Equitable for All—Visualizing Our Differences

At MacKay Shields we commit to the equitable treatment of all. To demonstrate this, MacKay worked with artist and photographer Maya Barkai to create this piece, which is meant to embody our diversity, equity and inclusion (left image). The piece of art (right) is created by MacKay's own Alina Sysak and represents the unique and diverse makeup of our firm. 

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Equitable for All—Visualizing Our Differences
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Employee Spotlight – Philip Fielding
Employee Spotlight – Philip Fielding

Employee Spotlight – Philip Fielding

Check out our latest Employee Spotlight featuring our Co-Head of Emerging Market Debt, Philip Fielding

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Opportunities in Emerging Market Debt

Opportunities in Emerging Market Debt

View the latest insights and perspectives from the MacKay Shields Emerging Market Debt team.

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Opportunities in Emerging Market Debt
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Failures, Funding, and Financial Resiliency -1Q Bank Earnings
Failures, Funding, and Financial Resiliency -1Q Bank Earnings

Failures, Funding, and Financial Resiliency -1Q Bank Earnings

What matters to credit investors?

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A Look Ahead - 2023

A Look Ahead – 2023

Explore the 2023 investment landscape with MacKay Shields' Investment Teams.

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A Look Ahead - 2023
Beyond the Basics
Beyond the Basics

Why Taxable Municipal Bonds?

As interest picks up in the municipal bond space, MacKay Shields wanted to take you back to the basics. The MacKay Municipal ManagersTM team starts from the beginning and answers some of the burning questions investors have in the growing asset class. 

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FEATURED INSIGHTS

4 MIN AUDIOGRAM
May 23, 2023
MacKay Shields High Yield Market Update – May 2023
Nate Hudson, Portfolio Manager at MacKay Shields shares his observations of the High Yield market for the first quarter of 2023.
5 MIN READ
March 31, 2023
Banking Crisis—How Deep a Contagion?
Mark Kehoe, Portfolio Manager and Senior Analyst on the Global Credit team at MacKay Shields gives his thoughts around the current bank crisis and provides background on what Additional Tier 1 Securities are and how they play a role in the crisis.
3 MIN READ
February 8, 2023
Reshaping Buildings: Opportunity in Plain Sight
As with many of the secular growth trends our team has invested behind, the source of a problem often represents an opportunity.
5 MIN READ
February 15, 2023
Bonds Are Back to Being Bonds
Bonds are back to being bonds in 2023, as we believe higher income will drive investment grade returns.
The Muni 360 Podcast - Weekly Wrap Up
Listen to the most recent podcast, as the seasoned active investors at MacKay Municipal Managers share their latest views on the municipal market.
5 MIN READ
December 8, 2022
The Year of the Bond
In our 2023 outlook, the Global Fixed Income team explains why we fervently believe bonds are back and 2023 will be the “Year of the Bond.”
Inflation Reduction Act of 2022–A Look at Key Implications
Explore the Inflation Reduction Act’s potential impact on climate, macro and sector implications.
2022 Mid-Year Insights
We believe fixed income valuations are meaningfully more attractive and current yields have greatly improved the income profiles for investors.
4 MIN READ
July 31, 2022
MacKay Shields 2022 Municipal Bond Market Insights: Mid-Year Update
We believe the municipal bond market offers relatively attractive prices and yields, and credit health remains solid.
4 MIN READ
July 31, 2022
Top 5 Fixed Income Market Insights for 2022: Mid-year Update
We believe fixed income valuations are meaningfully more attractive and current yields have greatly improved the income profiles for investors.
4 MIN READ
July 31, 2022
Convertibles 2022 Mid-year Outlook
With the rise in rates, we expect more companies will be coming to market and issuing converts. As the rate differential rises between convertibles and straight bonds the quality of companies issuing converts will likely improve.
4 MIN READ
July 31, 2022
Emerging Markets Debt: 2022 Mid-year Outlook
We believe that amid the very negative overall market reaction in the first half of 2022, underlying improvements in sovereign and corporate balance sheets have not been fully reflected in valuations.