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MacKay Strategies

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

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MacKay Insights

The Role of Fixed Income in Driving Reallocation

We believe these fixed income solutions can help equity investors de-risk their portfolios.

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MacKay Responsibility

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We strive to meet the objectives and values of our clients; care for our employees; and promote the well-being of the communities in which we invest, work, and live.

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who we are megamenu

Purpose Driven + Performance Led

We are dedicated to investing for trusted clients globally, while ensuring the health of our company culture and the prosperity of our local communities.

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MacKay Shields Global Fixed Income 

We believe the return profile for most fixed income instruments is typically asymmetrical, and therefore, we seek strong risk-adjusted returns by avoiding uncompensated risk. 

Overview

Overview

          

Our team executes its investment philosophy through an integrated approach that incorporates top-down macro-economic analysis and fundamental bottom-up research.

Strategies

Strategies

Global Fixed Income Strategies

          

STRATEGY
SEPARATE ACCOUNT
PRIVATE VEHICLES
COLLECTIVE INVESTMENT TRUST
MUTUAL FUND
ETF
FACT SHEET
STRATEGY PROFILE
MULTI-SECTOR FIXED INCOME

Core

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Core Plus

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Core Plus Opportunities

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Crossover

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Intermediate

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Short Duration

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Strategic Bond

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STRUCTURED PRODUCTS

Structured Product Opportunities

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Structured Product Total Return

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Global Fixed Income Team

Global Fixed Income Team

Global Fixed Income Team



We utilize a team approach in our investment management and decision-making, working closely with research analysts, traders, and risk managers.  

Meet the Team
Global Fixed Income Team

          

          

“We lean into our research to support a high conviction approach that considers the risks and total return profiles of every investment in order to deliver diversified sources of alpha to our clients.”  — Neil  J. Moriarty, Team Co-Head 

          

Insights

Insights

          

FEATURED INSIGHTS

4 MIN READ
July 20, 2023
A Unique Opportunity in Structured Credit
A Unique Opportunity in Structured Credit
5 MIN READ
July 12, 2023
Global Fixed Income Mid-Year Outlook
We believe the ability for investors to earn attractive levels of income with less downside risk continues to be at their most attractive level in years.
3 MIN VIDEO
JANUARY 6, 2023
Return of the Bond
Neil Moriarty, Co-Head of Global Fixed Income, reflects on 2022 and discusses where the opportunity may lie in 2023, and what they feel the Fed’s “stepping down” on interest rate increases means for the bond 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.”
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.
6 MIN PODCAST
May 6, 2022
Post FOMC Roundup - Clarity from the Fed…For Now
In this Post-FOMC Roundup, we discuss the Fed’s forward guidance for the next few months and what it could mean for financial markets. Listen for more insights.
6 MIN READ
January 19, 2022
MacKay’s Global Fixed Income Insights for 2022
2021 proved to be a year of transition in fixed income, starting with the early stages of an economic expansion and easy monetary policy before moving to potential accelerated tapering and the slow withdrawal of unprecedented stimulus to the economy.
5 MIN VIDEO
DECEMBER 14, 2021
Global Fixed Income Team - 2022 Outlook
Global Fixed Income Team - 2022 Outlook
Five Conviction Ideas for the Post-Pandemic 5 MIN READ
October 21, 2021
Five High Conviction Ideas for a Post-Pandemic World
While the broad global economy has bounced back from the worst of the COVID-19 downturn, some badly hit sectors and industries haven’t regained pre-pandemic levels and continue to trade at discounts, offering investors what we believe is compelling value.
5 MIN READ
October 15, 2021
The Case for a Different Kind of Credit
Securitized credit can offer important benefits to fixed income investors, including diversification benefits, downside risk mitigation and portfolio efficiency.
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.”
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