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.
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.
We find that current emerging market valuations have priced in negative scenarios that are already reflected in risk premiums. For long term investors this creates a potential opportunity to gain exposure to fast growing and often resilient countries. Having learned during many crises in the past, decision makers in emerging markets who reacted early and decisively have reaped the rewards during this period of volatility.