Managing Director, Head of Municipal Credit Research
James Schwartz, CFA, Managing Director, is a member of Americas Fixed Income within Alpha Strategies. He is Head Credit Research Analyst on the Municipal Credit Research Team. He is a member of BlackRock's Municipal Bond Operating Committee, which oversees all municipal bond portfolio management, research and trading activities.
Mr. Schwartz's service with the firm dates back to 1990, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, he oversaw research efforts for long-term municipal bond funds, defined asset funds, and private investor portfolios. Earlier, he was a Senior Analyst specializing in high yield bonds and a Project Manager for the technology department. Prior to joining MLIM, he was a Senior Financial Analyst for the Chubb Group of Insurance Companies.
Mr. Schwartz earned a BA degree in economics from Rutgers University in 1987 and a MBA degree in financial management from Monmouth University in 1994.
Like other high-quality fixed income assets, munis benefited from global economic uncertainty and falling interest rates, notching a positive return in January. BlackRock muni team recaps the month and looks ahead.
America's aging infrastructure is in need of repair, and the municipal market has long been a major source of financing. But state and local governments remain budget constrained. BlackRock muni credit experts discuss this and more in their quarterly credit report.
The municipal market has been the subject of many headlines since Detroit's history-making bankruptcy filing. BlackRock's Peter Hayes and James Schwartz discuss why the popular perceptions are often misconceptions.
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