MacKay Shields LLC (together with its subsidiaries, "MacKay")*, a division of New York Life Investment Management, is a global boutique investment firm with $158 billion in assets under management as of March 31, 2026. We provide investors with specialty fixed income expertise across global fixed income markets including municipal bonds, structured credit, corporate credit and emerging market debt. For decades, our dedicated teams of specialists have delivered customized solutions backed by disciplined research and a commitment to delivering long-term value for its clients. The MacKay Shields client experience provides investors direct access to senior investment professionals. MacKay maintains offices in New York City, Princeton and Read more