Thanks to the recent market dislocations, the complex municipal market offers attractive opportunities for strong returns, notes Guggenheim. B. Scott Minerd and the team at Guggenheim point out volatility induced by headline events has created attractive investment opportunities in the municipal market. Interestingly, the recently announced Volcker Rule too creates big opportunities in munis. As reported earlier, the Volcker Rule is not going to limit proprietary trading in municipal obligations. Investors withdraw $50 billion from munis Guggenheim analysts point out without conducting the requisite analysis to identify the truly at-risk issuers, it appears many investors have chosen to flee the…
Municipal Market Offers Opportunity For Strong Returns
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports