Perspectives on today’s municipal markets: Biden, Tax, and COVID impact on credits – New York Life Investments – 3.16.21

Overview:
Title: Perspectives on today’s municipal markets: Biden, Tax, and COVID impact on credits
Date: Tuesday, March 16, 2021
Time: 1:00 PM Eastern Standard Time
Duration: 1 hour

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Summary:

Now On Demand.

With a new administration, the potential for tax policy changes, and the impact of COVID on certain municipal credits, navigating the municipal markets is as challenging as ever. The seasoned experts at MacKay Municipal Managers share their perspective on navigating these challenges and how they are positioning municipal portfolios today.

Topics to be discussed:

  • Insights for the 2021 tax season
  • Biden administration and new tax policy
  • State of Credit Landscape
  • Focus on High Tax States

Speakers:
Frances Lewis Frances Lewis Senior Managing Director, Portfolio Manager/Director of Research MacKay Municipal Managers

Frances joined MacKay Shields in July 2009. Before joining the firm, she was Director of Research for Mariner Municipal Managers and was previously at Merrill Lynch. Frances began her municipal analyst career in 1991 at Merrill Lynch Investment Managers where she was a Senior Fund Analyst covering various sectors of the municipal market, becoming a Director in the Municipal Research Group in 1997.

Frances earned an MBA in Finance from Boston University and a BS in Economics from the University of Michigan.
David Dowden David Dowden Managing Director and Portfolio Manager MacKay Municipal Managers

David joined MacKay Shields in 2009. Before joining the firm, he was the 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.
Chris Roberti Chris Roberti Managing Director and Senior Client Portfolio Manager MacKay Municipal Managers

Chris joined MacKay Municipal Managers in May 2011, and leads the MacKay Municipal Managers’ national account relationships while also serving as Senior Client Portfolio Manager. Prior to joining, Chris was Senior Director with TIAA-CREF Asset Management focusing on business development and sales of investment products through institutions within the academic, medical, and research community. From 1991 to 2006, Chris worked with Merrill Lynch, most recently as Director and Head of National Accounts within the asset management division, overseeing relationship management and building new lines of distribution through the broker-dealer community.

Chris has a BA from Rutgers University, is a Certified Investment Management Analyst (CIMA®), and member of The Investment Management Consultants Association (IMCA).
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