Insight
Municipal Bond Investing: The Institutional Advantage
The municipal bond market is highly fragmented and inefficient, often making it difficult for individual investors to effectively transact. Learn how institutions can offer a better experience for investors who leverage their capabilities.
2/29/2024
5 min read
Topic
Fixed Income
Key takeaways
- The municipal bond market is often characterized by its inefficiencies.
- Bond market inefficiencies frequently lead to sourcing challenges and higher transaction costs for individual investors.
- Institutions have many advantages when transacting in the municipal markets which may offer a better experience for investors who leverage their capabilities.