Municipal investors moving out long
Now that there is more "clarity from the Fed on the path of interest rates, both investors and issuers may start to move off the sidelines," said Daniel Close, head of municipals at Nuveen.
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Now that there is more "clarity from the Fed on the path of interest rates, both investors and issuers may start to move off the sidelines," said Daniel Close, head of municipals at Nuveen.
A John Miller-less speculative bond market may mean more diversification and price transparency, say some investors.
The second half of 2023 may see a slowdown, perhaps even a mild recession, said Daniel Close, the newly named head of municipals at Nuveen.
/PRNewswire/ -- Nuveen, the investment manager of TIAA, appointed Daniel Close, CFA ®, a veteran portfolio manager at the firm with a proven track record of...
The Miller announcement came as a global settlement agreement that resolves Preston Hollow Capital LLC's litigation against Miller and Nuveen was disclosed.