Perspectives Blog

Chad Farrington, CFA, Head of Municipal Bond Credit Research and Senior Portfolio Manager

Chad Farrington is the head of municipal bond research and a senior municipal fixed income portfolio manager for Columbia Management. Mr. Farrington manages a high yield portfolio and also serves as a senior credit analyst, focusing on senior living, multi-family and other traditional high yield products. He joined the firm in 2003 and has been a member of the investment community since 1998.

Prior to joining the firm, Mr. Farrington spent five years at Fitch Ratings as a Director in the firm’s health care and tax-backed groups.

Mr. Farrington earned a B.S. in business finance and a minor in economics from Montana State University. He holds the Chartered Financial Analyst designation. In addition, he is a member of the Boston Security Analysts Society, Boston Municipal Analyst Forum and the National Federation of Municipal Analysts.


Hungry for income? High yield munis could be your meal ticket

Chad Farrington, CFA, Head of Municipal Bond Credit Research and Senior Portfolio Manager | May 28, 2014

High yield muni bonds represent an attractive investment opportunity Professional money managers can help with the intricacies of the high yield muni space Current income and potential tax advantages in the high yield space Attractive yields, potential for price appreciation Many investors are concerned about the prospect of rising interest rates and the impact higher

Trouble in paradise: Q&A about Puerto Rico bonds

Chad Farrington, CFA, Head of Municipal Bond Credit Research and Senior Portfolio Manager | January 2, 2014

Why has Puerto Rico become such an issue now? Should investors be concerned with a downgrade or default? Is Puerto Rico a systemic risk for the municipal market? Historically, Puerto Rico (PR) bonds’ high yield and triple tax exemption (federal, state and local) had been a big lure for many institutional investors, such as mutual