September 2011 - Announcement: CEO Appointment

After a comprehensive search, MacKay Shields LLC, a $56 billion global, multi-product fixed income investment advisory firm, is pleased to announce the appointment of Jeffrey S. Phlegar as the firm’s new Chief Executive Officer.  He will formally join our organization once his contractual commitment with his current employer expires later this Fall.

Jeff brings to MacKay a wealth of fixed income knowledge along with a strong understanding of the global asset management business.  His proven leadership, management experience and worldwide reputation in the asset management arena make him the right person to lead MacKay going forward.

Jeff will join us from AllianceBernstein and has a notable record with the company that began in 1993. Most recently serving as President of Special Opportunities and Advisory Services, he was responsible for building a variety of new business initiatives.  Previously, Jeff was Co-Head of the firm’s fixed income division.  He was responsible for overseeing all aspects of AllianceBernstein’s fixed income business, including its client relationships worldwide, as well as the development and implementation of new products and successful strategies for distribution, servicing, and operations.    

With great enthusiasm we look forward to Jeff’s arrival, as we continue MacKay’s pursuit of excellence on behalf of our valued clients.

Lucille Protas
Acting Chief Executive Officer
MacKay Shields LLC

September 2011 - Financial News Article

June 2011 - MacKay Shields wins another Investment Performance Award

For the second year in a row, MacKay Shields has won an AsianInvestor Investment Performance Award.  For 2011, MacKay Shields was cited for US fixed income, investment grade.  In 2010, MacKay Shields won for US fixed income, core.  These awards are granted to a Firm and both our Core Plus and Core Plus Opportunities products were cited in 2010.