Top 5 Municipal Insights for 2020: In uncharted territory, leverage knowledge – New York Life Investments – 1.24.20

Summary:

Now On Demand.

After the outsized returns of 2019, what can municipal investors expect in 2020? The seasoned experts at MacKay Municipal Managers once again make their Top 5 predictions for muni markets in 2020.

Topics to be discussed:

• Opportunities in municipal bonds
• Active management
• The team’s top 5 insights for municipal markets in 2020
• Taxable municipal bonds — an underutilized asset class
• Liquidity management considerations
• Municipal bond asset allocation strategies

Speakers:

David joined MacKay Shields in 2009. Before joining the firm, he was Chief Investment Officer at Financial Guaranty Insurance Company. David was previously with Alliance Capital Management as a Senior Portfolio Manager and at Merrill Lynch & Co. as a Municipal Strategist. David has an AB from Brown University and an MBA from Columbia University. He has been in the investment management industry since 1989.

Eric Snyder is a Director at New York Life Investments focusing on fixed income product management for the MainStay MacKay municipal bond product suite. He joined New York Life in 2019 with over 10 years of industry experience. Prior to joining the firm, Eric worked at PGIM Investments where he was a product manager covering their public real estate and tax-exempt fixed income products. He started at PGIM as an internal wholesaler, later joining their product team as a Product Specialist primarily supporting the fixed income products. Eric started his career at Bank of America Merrill Lynch as a Merrill Edge Financial Solutions Advisor in 2007. He attended the University of Rhode Island where he earned a B.S. in finance. Eric holds FINRA 7 and 66 securities registrations.