Covid-19 Impact on Banks, And fixes. The Black Swan Opportunity

Download Now

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

IBS Journal: The iconic monthly FinTech magazine

May 2020 issue out now! Subscribe now

India FinTech Report 2020

Insights into the historical and projected market size of key FinTech categories. Subscribe now

MacKay taps Artivest’s digital platform to support financial advisors

MacKayMacKay Municipal Managers, a municipal bond team of MacKay Shields LLC has zeroed in on Artivest’s open-architecture digital platform to bring its alternative solutions to financial advisors and investors.

“…we are glad to work with Artivest to bring advisors and qualified investors a number of sophisticated fixed-income solutions which strive to potentially deliver positive yields, while also maintaining low correlation to other assets and mitigating default risk,” Robert DiMella, CFA and John Loffredo, CFA, Co-Heads of MacKay commented.

MacKay seeks to capitalize on opportunities in the municipal bond market, including the mispricing of securities, in order to provide investors with attractive after-tax total returns. The firm’s portfolios of municipal bonds are overseen by a team of portfolio managers and analysts. The company’s approach to building portfolios of US tax-exempt and taxable municipal bonds combines a top-down overlay and bottom-up credit research.

“The Artivest Open Network possesses the innovation and accessibility to enable a wide range of high-quality managers to seamlessly offer alternative solutions to the advisory channel,” Matt Osborne, Chief Investment Officer of Artivest said.

Artivest helps financial advisors and investors build better portfolios by transforming how they identify, access, and invest in institutional private alternative strategies. As an independent digital platform for hedge funds, private equity, and real assets, the Artivest Open Network delivers simplicity through intuitive technology, accessibility through product structuring, and efficiency through data-driven distribution.

MacKay Shields LLC is an indirect wholly-owned subsidiary of New York Life Insurance Company and of New York Life Investment Management Holdings LLC. MacKay Shields LLC is a fixed-income and equity investment management firm with $122 billion in assets under management as of June 30, 2019. It manages fixed-income and equity strategies for high-net-worth individuals, institutional clients, and mutual funds.

Related IBS Intelligence Research​

Related Posts