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Below are recent news articles that feature Breckinridge perspectives and quotes from our experts.
For media inquiries, please contact our PR partners at pro-breckinridge@prosek.com.
December 11, 2024 - In the municipal bond market, data shows that many investors are pulling their money out of mutual funds and putting it with separately managed account advisors. Co-CIO, Matt Buscone, is quoted in a recent Forbes article explaining the importance of technology efficiency in buying and selling millions of dollars of bonds for our clients' separately managed accounts. (Subscription required).
CEO, Oggie Sosa, discusses the firm's approach to environmental, social and governance investing within fixed income amid the political backlash against ESG. (Subscription required).
The tax break offered to municipal bond investors post-election could be threatened. Co-Head of Research Adam Stern, is quoted in a recent Bloomberg article on the likelihood of any changes to the exemption.
Nick Elfner, Co-Head of Research, is quoted in a recent Bloomberg article that discusses the impact of the Presidential election outcome on credit markets and the potential impacts of the upcoming Fed meeting and rate cuts.
Chief Executive Officer, Oggie Sosa is quoted in a recent FundFire article that details how some managers are seeking to apply tax-management techniques across multi-asset and fixed income portfolios amid client demand. (Subscription required).
Nick Elfner, Co-Head of Research is quoted in this article that discusses the barrage of bond sales expected from U.S. banks, capitalizing on ultra-low credit spreads and strong demand from investors after they report quarterly results. (Subscription required).
Co-head of Research, Nick Elfner, is featured in “The Big Interview” segment on a recent Money Life with Chuck Jaffe episode. Nick discusses his market insights following inflation data and rate cuts, outlook on investment grade bonds and fixed income and the impact of the election on ongoing volatility.
Nick Elfner, Breckinridge Co-Head of Research, discusses a surge in mergers and acquisitions (M&A) that is fueling investment grade corporate bond issuance in this recent Bloomberg Law article. (Subscription required).
The Wall Street Journal explored the impact on local budgets caused by extreme weather, which is driving up borrowing costs and climate-related debt. Breckinridge Senior Research Analyst Erika Smull’s study on the costs of physical climate risks is mentioned, as well as her view that investors may demand higher interest rates on bonds issued by climate-vulnerable communities in the future. (Subscription required).
Adam Sterm, Co-Head of Research is quoted in a recent article discussing extreme weather becoming more common and as the federal deficit hits new records, the onus will be on state and local governments to finance the future of resilient infrastructure. (Subscription required).
Nick Elfner, Co-Head of Research provided comments on the central bank’s move in a recent article.
Many investors are taking time to analyze the recent surge in new issuance within the corporate bond market and wait for the market to fully digest before making any decisions. Nick Elfner, Co-head of Research is quoted in a recent Bloomberg article. (Subscription required).
Nick Elfner, Co-Head of Research, comments on the recent increase of trading volume in the corporate bond market as the Fed moves closer to rate cuts. (Subscription required).
Nick Elfner, Co-Head of Research comments on the importance of foreign demand in the IG bond market in a recent Bloomberg Law article. (Subscription required).
Breckinridge Chief Marketing and Distribution Officer, Dominica Ribeiro, joined FundFire for a webinar discussion on institutional marketing. She comments on what clients and investors are looking for from managers in this recap article.
Oggie Sosa is featured in ThinkAdvisor discussing his industry experience and how he will continue to draw on those experiences as he transitions from CIO to CEO at Breckinridge.
There are a myriad of challenges facing state, city, county, and local governments to fund vast infrastructure needs amid shifting climate and severe weather events. In this recent Bond Buyer article, Adam Stern shares that through conversations with municipal governments, we’ve learned that many communities are taking climate issues into account as a part of their traditional capital planning process. (Subscription required).
Breckinridge is quoted in a recent Bond Buyer article that discusses the acute and chronic climate-related risks that many cities across the U.S. are facing, and how municipal bond issuance may ramp up in the next few years to fund projects to address these risks. (Subscription required).
Co-Head of Portfolio Management, Jeff Glenn, is quoted in a recent Financial Advisor Magazine article on the Federal Reserve’s decision to not reduce interest rates so far this year and how fixed-income investors may be able to use higher rates to their advantage.
Despite increased dangers triggered by climate change, Ruth Ducret, among other researchers across the U.S., believes that the municipal market is not currently pricing in climate-related risks as stated in a recent Bond Buyer article. (Subscription required).
Nick Elfner shares his thoughts on the likelihood of the six biggest banks generating an unusually large amount of supply for corporate bonds this month. (Subscription required).
Co-Head of Research, Nick Elfner, is quoted in this recent Bloomberg article discussing whether Fed rate cut projections have been overdone and what the next FOMC dot plot could mean for the market over the rest of the year.
Rob Fernandez and Tim Coffin join Bloomberg Intelligence’s ESG Currents podcast to discuss the rapidly evolving ESG space, the physical risks and themes of climate change, Net Zero goals, and key considerations for asset managers navigating sustainability issues.
Nick Elfner, Co-head of Research, is quoted in a recent Bloomberg article discussing projections for cash flows into corporate debt after 2023 saw a spike in flows to money market funds. (Subscription required).
In our view, the early push to divest completely from fossil fuels may have caused some to miss opportunities to ‘direct capital’ to the energy transition. Tune in to President Peter Coffin’s interview with Fund Fire at the Future of Asset Management Conference to learn more.
Adam Stern, Co-Head of Research, was featured in a recent Bond Buyer article sharing recent trends in the municipal bond market and what this could mean for 2024. (Subscription required).
Nick Elfner is quoted in a recent Bloomberg article regarding the record in corporate bond sales for January, and how companies are looking to take advantage of drops in longer-term borrowing costs.
