Martin Z. Braun

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First Eagle Plans To Launch Third Muni-Bond Fund Under Miller

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First Eagle's Core Plus Municipal Fund will invest up to 30% of its assets in junk or unrated securities.

John Miller's New High-Yield Muni Fund Dominates Market In 2024

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Investors plowed almost $4.4 billion into the First Eagle High Yield Municipal Fund this year through November.

Americans Risk Losing Life Savings When Retirement Homes Go Bust

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At least 16 continuing care retirement communities have filed for bankruptcy since 2020.

Vanguard, AllianceBernstein Sue Over Sports Park That Failed

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The companies allege they were defrauded by a project underwriter.

BlackRock Counts On Jocular Ex-Trader To Boost Muni Business

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Pat Haskell's key challenge is reversing severe outflows from actively managed mutual funds.

John Miller's New Junk Muni Fund Hits $1 Billion In Five Months

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Market-wide, high-yield muni funds have gained $5.7 billion this year.

BlackRock Cuts Jobs In Muni Business Under New Leadership

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Patrick Haskell, a former co-head of fixed income capital markets at Morgan Stanley, has taken over.

NYC's Delinquent Property Taxes Soar Without Incentive To Pay

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The city is facing an estimated $880 million in unpaid taxes this year.

Muni Bond Blowup Exposes Flaws In $600 Billion Corner Of Market

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Each year, billions of dollars in high-risk projects are financed with little vetting or government oversight.

Muni Market's 5-Year Streak Of November Gains Is On The Line

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The November winning streak will be tested this year if the economy defies expectations and strengthens.

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