Welcome to Breckinridge Capital Advisors

We are a fixed-income investment advisor with a primary focus on customized tax-exempt, taxable and sustainable municipal bond portfolios. We believe this focus on the municipal market generates valuable insight and access for our clients. We serve high net worth individuals, foundations, endowments, pension funds and institutions. As an independent, employee-owned firm, we are strongly committed to excellent service and meeting our investors’ objectives, a commitment we support with continued investment in our people, systems and technology.



Commentaries
 
December 2011   November 2011   October 2011

 
 
>>  An extraordinary flight to quality drove fixed-income markets in 2011 as several factors generated risk aversion on a global basis. A European sovereign-debt problem became a crisis when fears of a Greek default spread to Italy, Spain and Portugal, threatening the viability of the European Union, the euro and the European banking system.   >>  The European Debt Crisis continued to dominate global investor sentiment and market activity during the month of November. The likelihood of increasing economic weakness from prolonged austerity measures in Europe caused economists to ratchet down 2012 global growth estimates.   >>  Investor sentiment took a sharp turn in October. The fear trade that spurred a flight to quality during the third quarter vanished as investors fled the safety of Treasuries and embraced risk. Better-than-expected economic data confirmed the U.S. was not falling into an imminent recession, which fueled positive investor sentiment.

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