(The Telegraph) - The underlying principle of putting your eggs in more than one basket is alive and well.
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https://www.telegraph.co.uk/business/2022/04/13/keep-calm-carry-investing-shares-bonds/
By Tom Stevenson
April 13, 2022
U.S. President Donald Trump's lawsuit against JPMorgan Chase (JPM) and its CEO Jamie Dimon highlights a growing, and politically fraught, conflict.
The municipal bond market’s complexity creates opportunity for active managers who know where to look. Adam Weigold, Senior Portfolio Manager and Head of Municipal Bonds at Manulife Investment Management, explains how JHMU seeks to capture value through sector rotation, credit research, and tactical positioning. With more than 60,000 issuers and 1.2 million CUSIPs, the muni market rewards managers who can identify inefficiencies—and avoid potential pitfalls before they materialize.