David Ashley, CFA
Portfolio Manager and Managing Director
David Ashley is portfolio manager for Thornburg Investment Management. He joined Thornburg as associate portfolio manager in 2011 and was named portfolio manager in 2019.
Dave earned a BS in finance and MBA from the University of Delaware in 2001. He is also a CFA charterholder. Prior to joining Thornburg Investment Management, Dave was a credit analyst for Wilmington Trust in Delaware.
17years in industry
14years at Thornburg
Investments Managed
Insights
Outlook
2024 Outlook – Muni Bonds: Will the Tether to Treasuries Unravel?
In 2023, Munis and Treasuries moved in lockstep, and flow dynamics roiled the market. Investors need to be mindful of technical factors amid bountiful yields.
Outlook
Income Will Once Again be the Primary Driver of Municipal Bond Returns
History suggests that 2023 could be a good year for the municipal bond market as yields and fundamentals should once again drive total return.
Markets & Economy
The Supply and Demand Effect on the Muni Market
Thornburg PMs discuss important topics impacting the municipal bond market, including supply and demand, infrastructure spending and cyber security.