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MacKay Strategies

Philosophy & Process

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

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MacKay Insights

The Emerging Market Debt: Fresh Thinking on an Evolving Asset Class

While providing investors with a multiverse of global exposure and opportunities, we believe it's time for some fresh thinking around the evolving nature of Emerging Market Debt.

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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

Leader In Specialty Fixed Income

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 Municipal Managers™

Our team’s strategies seek income, capital preservation, and total return focused on deep credit research and security selection using an active, relative value approach.  

Overview

Overview

          

The tenure, skill, and proficiency is the bedrock of our ability as we seek to capitalize on market inefficiencies in order to build yield advantage and generate return through in-depth credit research. 

          

Strategies

Strategies

MacKay Municipal Managers™ Strategies

          

STRATEGY
SEPARATE ACCOUNT
PRIVATE VEHICLES
MUTUAL FUNDS
ETF
FACT SHEET

Municipal High Yield

 1

1

1

1
1

1

Municipal Investment Grade

 1

1

1

1
1

1

Municipal Short Term

 1

1

1

1
1

1

Municipal Long Term

 1

1
1
1
1
1

Municipal Intermediate

 1

1

1

1

1
1

Municipal Capital Trading

 1

1

1
1
1
1

Municipal Taxable

 1

1

1

1
1

1

Municipal High Income

 1

1

1
1
1
1

Municipal Opportunities Allocation

 1

1

1
1
1
1

Municipal New York

 1

1

1

1
1
1

Municipal California

 1

1

1

1

1
1

Municipal Insured

 1

1
1
1

1
1

          

MacKay Municipal Managers™ Team

MacKay Municipal Managers™ Team

          

MacKay Municipal Managers™ Team

MacKay Municipal Managers™ Team

A team of nearly 30 dedicated employees with an average of 20 years’ experience and co-CIOs who have worked together since 1993. 

Meet the Team
MacKay Municipal Managers™ Team

          

          

“What I’m most proud of is that we are really happy to come to work every day. Our team really likes what we do and we like working together. We’re also acutely aware that working at MacKay is not a job, it’s a profession.” — John Loffredo, Team Co-Head

          

Insights

Insights

          

FEATURED INSIGHTS

3 MIN READ
October 26, 2023
High Quality, Durable Income with Taxable Munis
With a late cycle economy and sticky inflation, investing in higher credit quality fixed income bonds, while locking in yields for durable income, may be rewarding in the longer term.
5 MIN READ
July 20, 2023
MacKay Municipal Managers Mid-Year Insights for 2023
Preparation Seizes Opportunity – Higher Accruals Set the Pace
3 MIN READ
January 12, 2023
2023 Municipal Market Insights
Looking ahead to the year 2023, the MacKay Municipal Managers team provides their top 5 market insights on the year to come.
8 MIN READ
December 9, 2022
US Taxable Municipal Bonds: Beyond the Basics
Preferential capital treatment, low correlations, historically stable ratings, and ESG friendly credits, have piqued institutional interest in the taxable municipal bond asset class.
3 MIN READ
November 4, 2022
What We Expect from the 2022 Midterm Elections
MacKay Municipal Managers consider public policy and the political landscape to be a critical component of the team’s investment process.
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
January 13, 2022
MacKay Municipal Managers’ Insights for 2022
Recent events are altering our future: where we live, how we work, learn and communicate and how to prudently invest in municipal bonds.
8 MIN READ
March 7, 2022
Dislocations in the Taxable Municipal Market Today
Given the backdrop of both geopolitical tensions and changing monetary policies at a global level, we have seen elevated volatility in both the fixed income and equity markets since the beginning of the year.

Muni360

Muni360

Muni 360 Podcast

Listen to the most recent podcast, as the seasoned active investors at MacKay Municipal Managers share their latest views on the municipal market.

All Episodes
The Muni 360 Podcast - Weekly Wrap Up

MARCH 24, 2023
The Muni 360 Podcast - Weekly Wrap Up

 

 

 

 

 

 

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