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.

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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.
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