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.
Municipal bonds extended their winning streak and outpaced Treasuries in April, supported by favorable supply/demand. BlackRock’s Municipals Team remains constructive, despite headlines around Puerto Rico and Atlantic City.
U.S. water systems are in dire need of improvement, with contamination issues in Michigan and New Jersey highlighting the necessity. BlackRock Municipal Credit Research analysts discuss this and more in their semi-annual commentary.
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