Advisories, Observation Deck

 

Advisories
August 15, 2007
In the world of corporate cash management investments, there is the $260 billion1 auction rate securities (ARS) market, and there is everything else.
Read More

Advisories
June 14, 2006
In our advisory letter dated April, 2005 and titled Auction Rate Securities, we highlighted several factors that had prompted us to scrutinize the auction rate securities (ARS) market and its suitability for investors with liquidity and capital preservation as key elements of their investment objectives. We are providing this analysis as an update to our previous advisory.
Read More

Advisories
April 12, 2005
This is an update to a prior research note on Auction Rate Securities (ARS) in which we expressed some concerns over a weakening liquidity dynamic in this $210 billion market.
Read More

Advisories
July 28, 2004
Following the launch of an SEC investigation into the $210 billion auction-rate bond market last month, SVB Asset Management and our clients have experienced a significant increase in the calls from dealers selling auction-rate bonds.
Read More