Ms. Tannuzzo joined Palisade Capital Management in April 2017 as Managing Director of Finance and Operations. In this role, Ms. Tannuzzo has responsibility for overseeing and managing Palisade’s Operations Department. Ms. Tannuzzo and her team work closely with portfolio managers, custodians, and fund administrators to ensure that all of Palisade’s clients’ needs are satisfied.
Mr. McNeil joined Palisade Capital Management in March 2017 as Senior Vice President of Convertible Securities. In this role, Mr. McNeil has responsibility for security selection for the Firm’s Long Convertible Securities, Short Duration Convertible Bond, and Hedged Convertibles strategies, with a focus on trading and credit.
Ms. Kangos joined Palisade in February 2017. As a Marketing Associate, Ms. Kangos is responsible for completing Requests for Proposals (RFPs) and for developing, preparing, and revising marketing materials. In addition, she works to ensure that Palisade’s data is properly maintained and current in consultant databases.
The final quarter of 2016 was bountiful for equity investors, but less so for bond holders. Most equity indices broke or flirted with record highs in the December period. The interest rate jump after the November election took its toll on bonds, as the Barclays Bond Aggregate Index ETF fell almost 4% in the period. Oil continued its slow and steady recovery from the lows of last February, though gold fell in the period.
The election of Donald J. Trump will be remembered as one of the most unique and historic elections in the history of our republic. We will let the political pundits and commentators focus on the stylistic aspects of the President Elect, but with regard to the equity and bond markets, Mr. Trump’s election has been and will continue to be good for stocks and very good for small cap stocks.