Meet NAVigator Podcast host Chuck Jaffe
Jane King interviews financial journalist Chuck Jaffe, host of AICA’s NAVigator Podcast. Jaffe discusses the genesis and purpose of the podcast, saying its aim is to enlighten the public about closed-end funds and spotlight the investment industry professionals who work with them. He says podcast discussions are never scripted and seek to provide a useful mix of educational and timely fund performance information.
Private equity fund lets ordinary investors go after assets previously off-limits
Michael Bell, founder of Primark Capital -- which runs the Primark Private Equity Investments Fund, a closed-end interval fund -- discusses how changing market conditions have reduced the number of public companies and dramatically increased the number of available private equity investments...
How to size up BDCs to determine the standout buys
Mitchel Penn, managing director of equity research for Oppenheimer and Co., talks about the challenges of analyzing and evaluating business-development companies, and then highlights Runway Growth Finance Corp...
Matisse’s Boughton: International, emerging-markets stocks are ‘dirt cheap’
Eric Boughton, chief analyst at Matisse Capital and portfolio manager for the Matisse Discounted Closed-End Fund Strategy, says that the war in Ukraine has been creating deep discounts and bigger buying opportunities for closed-end fund investors...
How current events are impacting the capital markets
Seth Brufsky, chief executive officer for the Ares Dynamic Credit Allocation Fund, says that conditions since the end of the year have changed from concerns over what the Federal Reserve would do, 'changing the calculus' for how people should and will invest...
Your questions answered with Mike Taggart, AICA executive director
Mike Taggart of Taggart Fund Intelligence, the executive director of the Active Investment Company Alliance, returns to The NAVigator following up on his recent discussion of buying assets rather than discounts by answering some questions from the audience about...
AICA’s Scott: Closed-end fund 2.0 is off to a strong start
John Cole Scott, chief investment officer at Closed-End Fund Advisors and the chairman of the Active Investment Company Alliance, says that 20 investment firms have launched 30 new funds under the 'Closed-End Fund 2.0' format since 2019, and the results and opportunities are promising...
Taggart: As unrest widens discounts, buy the asset not the bargain
Mike Taggart, founder of Taggart Fund Intelligence and executive director of the Active Investment Company Alliance, says that the stock market's rough January along with the war between Russia and the Ukraine have put the market in a tizzy and widened discounts for...
BDCs and middle-market credit can solve rising-rate puzzle
Chris Oberbeck, chairman and chief executive officer at Saratoga Investment Corp., says that the structure of business-development companies -- which allows assets to increase in value when interest rates rise, while keeping liabilities fixed, thereby raising spreads -- makes them particularly attractive to...
Bonus episode: Rate and inflation picture are triggering rotation
Maury Fertig, chief investment officer at Relative Value Partners, discusses the factors he considers when picking closed-end funds to add to client portfolios, and how those criteria have been impacted by headlines about rising rates and inflation...
What to expect from closed-end funds in a rising-rate environment
Mike Taggart, founder and chief executive officer at Taggart Fund Intelligence -- the recently appointed executive director of the Active Investment Company Alliance -- talks about his research into how closed-end funds have performed in rising-rate cycles...