The Federal Reserve lowered the Federal Funds rate today by 25 basis points (bps) to 1.75% - 2.00%, a move that was widely expected and fully priced in the market. There was division within the voting members, with Esther George and Eric Rosengren... Read more
Longfellow Investment Management Co., LLC (LIM) became a signatory to the Principles for Responsible Investment (PRI) in 2014*. Founded in 2005, PRI is a global network of investors who are committed to integrating Environmental, Social and... Read more
History was made on August 14, 2019, with the recording of the lowest closing yield (2.02%), on the 30-year U.S. Treasury since regular auctions began in 1977. The previous lowest closing yield (2.099%) was recorded on July 8, 2016. Read more
In one of the most anticipated meeting outcomes in recent memory, the Federal Reserve lowered the Federal Funds rate today by 25 basis points (bps) to 2.00% - 2.25% and left the door open for further cuts this year. This is the first move lower in... Read more
Barbara McKenna, CFA, managing principal, spoke at the inaugural NEPC’s Women’s Leadership Forum on July 11, 2019. The Women’s Leadership Forum series features accomplished women from all aspects of the asset management business sharing perspectives... Read more
The Federal Open Market Committee (FOMC) held rates steady today, leaving the fed funds rate at 2.25% - 2.50%, but left the door open for possible rate cuts later this year. In acknowledging that economic growth is slowing, the Fed dropped the word... Read more