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2024

  • Asset Management
  • Insights
  • 2024
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Baird Equity Asset Management
Thought Leadership
A World Full of Opportunities

Long-term investors should consider the potential benefits of maintaining an allocation to international equities.

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Baird Advisors
Commentary
November 2024 Municipal Market Comments

Tax-exempt Yields Fall in November

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Baird Advisors
Commentary
November 2024 Bond Market Comments

Treasury Yields Volatile as Election Concludes and Fed Cuts Rates as Expected

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Baird Advisors
Commentary
October 2024 Bond Market Comments

Treasury Yields Climb Sharply on Resilient Data and Reduced Expectations of Fed Easing

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Baird Advisors
Commentary
October 2024 Municipal Market Comments

Municipal Yields Rise in October

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Baird Equity Asset Management
Commentary
Q3 2024 Equity Opportunity Fund Commentary

Equities posted a strong quarter on the back of encouraging economic data and the anticipation of a series of interest rate cuts by the Federal Reserve.

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Baird Equity Asset Management
Commentary
Q3 2024 Small/Mid Cap Growth Strategy Commentary

Factors were not a major headwind or tailwind as the strategy kept pace with a solid benchmark return in the quarter.

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Baird Equity Asset Management
Commentary
Q3 2024 Mid Cap Growth Strategy Commentary

The Strategy’s strong absolute returns were spurred by the market’s embrace of easing inflation data, and the prospect that lower interest rates will allow the U.S. economy to avoid recession.

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Baird Equity Asset Management
Commentary
Q3 2024 International and Global Growth Fund Commentary

Equity markets continued to rally throughout the third quarter, with strong positive strock returns, globally.

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Baird Advisors
Commentary
September 2024 Bond Market Comments

Fed Cuts 50 bps, Positive 2s10s Curve Slope Returns as Short Rates Fall the Most

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Baird Advisors
Commentary
September 2024 Municipal Market Comments

Municipal Yields Fall through Q3 Even as Supply Soars

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Baird Advisors
Commentary
August 2024 Municipal Market Comments

Municipal Curve Returns to Positive Slope

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Baird Advisors
Commentary
August 2024 Bond Market Comments

Fed Chair Powell Signals First Rate Cut in September, Helping to Normalize the Yield Curve

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Baird Advisors
Commentary
July 2024 Bond Market Comments

Treasury Yields Decline as Inflation Cools and Fed Signals Forthcoming Cuts

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Baird Advisors
Commentary
July 2024 Municipal Market Comments

Municipal Yields Fall in July on Strong Demand and Still Robust Supply

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Baird Equity Asset Management
Commentary
Q2 2024 Small/Mid Cap Growth Commentary

The well-known S&P 500 advanced in the quarter, a stark contrast to declines in the broader small and mid-cap equity indices.

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Baird Equity Asset Management
Commentary
Q2 2024 Equity Opportunity Fund Commentary

While larger-cap equities reached new heights, smaller-cap stocks continued to struggle during the quarter.

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Commentary
Baird Equity Asset Management
Q2 2024 Mid Cap Growth Strategy Commentary

The well-known S&P 500 advanced in the quarter, a stark contrast to declines in the broader small and mid-cap equity indices.

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Baird Equity Asset Management
Commentary
Q2 2024 International and Global Growth Fund Commentary

Appreciation in global equity markets continued in the quarter and the Funds outperformed their indices.

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Baird Advisors
Commentary
June 2024 Municipal Market Comments

Municipal Yields Fall in June, Rise in Q2 and Supply Booms

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Commentary
Baird Advisors
June 2024 Bond Market Comments

Treasury Yields Fall in June but End Higher for Q2, Resilient Economy Likely Delays Fed Rate Cuts

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Baird Advisors
Commentary
May 2024 Municipal Market Comments

Municipal Yields Mixed in May on Supply Surge

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Baird Advisors
Commentary
May 2024 Bond Market Comments

Yields Fall as Labor Market and Inflation Cools after Q1 Upside Surprise

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Baird Equity Asset Management
Commentary
Q1 2024 Equity Opportunity Fund Commentary

Equities continued their ascent to the start of the year, bolstered by hopes of easing monetary policy.

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Baird Advisors
Commentary
April 2024 Municipal Market Comments

Municipal Yields Continued to Rise in April

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Baird Advisors
Commentary
April 2024 Bond Market Comments

Yields Rise on Stubborn Inflation, Firm Labor Market and Reduced Fed Rate Cut Expectations

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Baird Equity Asset Management
Commentary
Q1 2024 Small/Mid Cap Growth Commentary

The Baird SMID Growth portfolio produced a positive return, with mixed performance across the portfolio, but the net result trailed the sharp increase in the benchmark.

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Baird Equity Asset Management
Commentary
Q1 2024 Mid Cap Growth Strategy Commentary

The Baird Mid Cap Growth portfolio produced a positive return with all sectors advancing, but the net result trailed the sharp increase in the Russell Mid Cap Growth Index.

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Baird Equity Asset Management
Commentary
Q1 2024 International & Global Growth Funds Commentary

Global equity markets staged another broad rally for the first quarter, with the Funds outperforming their benchmarks.

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Commentary
Baird Advisors
March 2024 Bond Market Comments

Treasury Yields Rise in Q1 as Markets Reduce Fed Rate Cut Expectations on Stronger than Expected Growth and Inflation

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Baird Advisors
Commentary
March 2024 Municipal Market Comments

Municipal Yields Rise in Q1 and Demand Returns

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Baird Advisors
Commentary
February 2024 Bond Market Comments

Strong Economic Data and Reduced Fed Rate Cut Expectations Lift Treasury Yields

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Commentary
Baird Advisors
February 2024 Muncipal Market Comments

Strong Demand Meets Increased Supply

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Commentary
Baird Equity Asset Management
Q4 2023 Equity Opportunity Fund Commentary

Equities bounced back in 2023, as easing inflation raised hopes for looser monetary policy and drove valuations higher.

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Commentary
Baird Advisors
January 2024 Municipal Market Comments

Tax-exempt Yields Rise as Supply Returns to the Market

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Baird Advisors
Commentary
January 2024 Bond Market Comments

Rangebound Treasury Yields with a Steepening Bias, Inflation Cooling Alongside Resilient US Economy

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Thought Leadership
Baird Advisors
Income Driven Investing

Baird Advisors explores how income driven investing could be a successful new way to manage interest rate risk.

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Baird Equity Asset Management
Commentary
Q4 2023 Mid Cap Growth Strategy Commentary

While the full-quarter results still lagged the benchmark, we were encouraged by the portfolio’s outperformance during the strong move into year-end as we saw the breadth of positive performance spread more evenly across sectors.

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Baird Equity Asset Management
Commentary
Q4 2023 Small/Mid Cap Growth Commentary

There were various drivers of underperformance in the quarter, as there were a multitude of factors that changed significantly, particularly in December. These factors were broadly negative for our style of management as more highly levered, lower-margin, and lower-earnings growth companies outperformed.

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Baird Equity Asset Management
Commentary
Q4 2023 Chautauqua International & Global Growth Funds Commentary

Equity markets rallied to close out the year as fiscal conditions loosened; the Funds performed in line with benchmarks.

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Baird Advisors
Commentary
December 2023 Bond Market Comments

2023 Review and 2024 Outlook

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Baird Advisors
Commentary
December 2023 Municipal Market Comments

2023 Review and 2024 Outlook

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