null Municipal Bonds for Non-US Investors: A View on Taxable vs. Tax-Exempt Municipal Debt
Manager Insights

Municipal Bonds for Non-US Investors

Manager Insights White Paper Fixed Income
December 2020
Municipal Bonds for Non-US Investors

Non-US investors are beginning to recognize the attractiveness of municipal bonds– they have recently been the fastest growing incremental investor in the asset class. 

The key attributes and investment implications of taxable bonds vs. tax-exempt bonds are more nuanced for non-US investors, who should invest in municipal bonds differently based on their investment objectives. We believe that the form of a municipal bond investment should follow the needs of the investor.