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Insights

Perspectives

ESG

College, University E&Fs Incorporate ESG Approaches in Response to Stakeholders

By Katie Sacharuk

Recent events suggest an evolution in fiduciary considerations to include additional financial and non-financial risks and rewards.

ESG

U.S. Catholic Bishops Reviewing Investing Guidelines, Asset Managers Paying Attention

November 8, 2021

News that the USCCB is reviewing its sustainable investing guidelines is prompting speculation that revisions may include additional context for ESG investing.

Municipal

College Towns Provide Economic Resilience

November 1, 2021

Colleges and universities play critical roles in their local economies.

Educational

Financial Glossary

November 1, 2021

A glossary of common terms in the bond markets and there definitions.

Municipal

The Bipartisan Infrastructure Bill Is an Imperfect Credit-Positive for the Muni Market

August 17, 2021 - Adam Stern

The recently passed Infrastructure Investment and Jobs Act is likely to improve near-term muni credit fundamentals but falls short in other areas.

Investing

Duration 101

August 9, 2021 - Jeremy Jenkins

Duration is one of the most important concepts for bondholders to understand as they review the performance of their fixed income investments.

Educational

Diversity, Equity and Inclusion Keys LGBTQ+ Action at Breckinridge

June 16, 2021 - Dominica Ribeiro, Kelly Wight

Q&A with Dominica Ribeiro and Kelly Wight about actions at Breckinridge to increase understanding and responsive management of LGBTQ+ and broader DEI issues.

Municipal

Duration Changes in 2021 Worth a Closer Look

June 4, 2021 - Matthew Buscone

Duration is a good way to measure the potential effect of interest rate changes on a bond portfolio.

Securitized

Securitized SBA Loans Can Help Diversify a Bond Portfolio

May 26, 2021 - John Bastoni

The Small Business Administration (SBA) plays an important economic development role by lending money to small businesses, often described as our economy’s primary growth engine.

Investing

When to Bench the Municipal Bond Benchmark

May 21, 2021 - Christopher Day

Investors in municipal bond strategies should exercise caution when using indices to set portfolio structure or performance targets.

ESG

Giving and Investing Trends Converge for More Powerful Philanthropy

April 28, 2021 - Ariana Polk

Donor-advised funds (DAFs) and environmental, social and governance (ESG) investment strategies are converging for greater philanthropic impact.

Municipal

Still Work To Do for Many Municipal Issuers after Credit-Positive American Rescue Plan

March 11, 2021 - Adam Stern

While the $1.9 trillion American Rescue Plan is a credit positive for municipal bonds, many issuers have work to do to strengthen their finances.

ESG

Engaging with the Tech Sector RE: Diversity, Equity, and Inclusion

March 8, 2021 - Abigail Ingalls, Robert Fernandez

Abi Ingalls and Rob Fernandez discusses key takeaways from their engagement calls with technology companies.

ESG

Podcast: Closing the Gender Gap

March 8, 2021 - Ruth Ducret, Abigail Ingalls, Dominica Ribeiro

Two senior research analysts and our former GWI intern have a conversation about women in the investment management industry.

ESG

The Future Benefit of Gender Lens Investing

March 8, 2021 - Abigail Ingalls, Dominica Ribeiro

Abi Ingalls, senior research analyst, spoke with CMO Dominica Ribeiro, about the state of gender lens investing (GLI).

Municipal

Georgia Runoff Elections Shift 2021 Outlook

January 7, 2021 - Adam Stern

2021 Outlook Follow-up Blog (Jan. 6, 2020): Democrats’ apparent Senate wins in Georgia are a credit-positive for the municipal bond market and may result in material changes to tax and infrastructure policy.

Municipal

2021 Muni Market Outlook: To Immunity and Beyond!

January 4, 2021 - Adam Stern

Municipal credit will begin to heal in 2021 as the COVID-19 pandemic abates and the economy recovers. Adam Stern reviews the outlook for municipal bonds in 2021 and beyond in his annual analysis.

Investing

Quick Takes: Breckinridge Assesses the 2020 Election

November 10, 2020 - Matthew Buscone, Jeffrey Glenn, Nicholas Elfner, Adam Stern

The 2020 elections clarify some important issues for investors and leave others unsettled for now. Our investment team is tracking the implications closely and offers insights and expectations in our comprehensive roundtable discussion.

Municipal

Update: Muni Credit and the November 2020 Elections

October 26, 2020 - Adam Stern

November’s election results have implications for municipal credit quality and valuations. Adam Stern analyzes the potential outcomes and effects.

Municipal

Resurging Issuance Highlights Taxable Municipal Bonds Again

October 13, 2020

Increased issuance and favorable market conditions brought heightened attention to taxable municipal bonds in 2020.

ESG

Climate Investing: View Our Latest Climate Investing Insights

September 24, 2020

View our latest climate investing insights

Investing

Reflecting on the Importance of Our Independence

September 1, 2020 - Peter Coffin

Independence is a key part of the fabric of Breckinridge.

ESG

ERISA and ESG: ESG, Sustainability Are Integral to Research

July 9, 2020 - Robert Fernandez, James Spidle

Our belief is that a thoughtful and forward-looking assessment of risk would be incomplete without the inclusion of material ESG factors.

Municipal

Taking the Measure of Bond Ladders

July 1, 2020 - Christopher Day

Do ladders measure up in today’s bond market? We think a more responsive strategy can potentially achieve the same income objectives.

Investing

Donor-Advised Funds Assert Predominance in 2020’s Time of Need

June 30, 2020 - Christopher Day

For investors who are planning charitable giving and striving to align their investments with their intentions, donor-advised funds (DAFs) that provide options and investment holdings transparency, may help.