General Investing >> Money Manager Interviews >> October 9, 2015

Municipal Market the Place to Be for Stability, Consistency and Income

Duane McAllister, CFA, is a Managing Director and Senior Portfolio Manager at Robert W. Baird & Co. Mr. McAllister has over 25 years of investment experience managing fixed income portfolios, with a primary focus on the municipal market. His responsibilities include setting and implementing investment strategy with a major portion of his time allocated to municipal portfolio management and credit research. Prior to joining Baird Advisors, Mr. McAllister was a Managing Director and Senior Portfolio Manager at BMO Global Asset Management, where he was the Lead Portfolio Manager for tax-free fixed income strategies. In 2015, the BMO Intermediate Tax-Free Mutual Fund that he and his team managed received a 10-year Lipper Award in the intermediate municipal bond category. Mr. McAllister received his undergraduate degree from Northern Illinois University and was awarded the Chartered Financial Analyst designation in 1991. He is currently a member of the CFA Institute and is an active member of the CFA Society of Milwaukee. Profile
TWST: Tell us a little bit about Baird.

Mr. McAllister: Baird is a Milwaukee-based firm. It's a private firm, employee-owned. There are five different business