XA’s Kim Flynn on Private Markets
Kim Flynn, President of XA Investments, talks about private market investments and how advisors are turning to them to create new opportunities for clients. With so many U.S. businesses still held by private funds, private offerings offer an enticing alternative to public equities, Flynn said. An interval fund, a type of SEC-registered closed-end fund, can house a range of private assets — including alternative credit....
Nuveen’s Lamb says that muni bonds, despite rebound, remain a good value
Dave Lamb, head of closed-end funds for Nuveen, says that while municipal bonds have rebounded sharply, they haven't quite kept pace with investment-grade issues or recovered to pre-pandemic levels, creating an opportunity for investors...
Skadden’s DeCapo says SEC rules changes won’t stop closed-end activism
Thomas DeCapo, a securities attorney with Skadden Arps who recently appeared at the AICA's Summer Summit, joined Chuck Jaffe to discuss control shares statues that critics have said will reduce activist challenges to closed-end funds. DeCapo says that the rules will protect investors...
