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MacKay Shields LLC

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MacKay Shields LLC

Mission statement:

MacKay Shields' mission is to assist our clients in meeting their investment objectives by managing their assets within our disciplined investment strategies. Stability, performance, and service are essential components of our philosophy and part of the commitment we make to each client.

History:

Founded in 1938, MacKay Shields has grown steadily over the years through rapidly changing market environments. Becoming a registered investment advisor in 1969, we have expanded our services over time and are now proud to offer products across US and international markets.

In 1984 MacKay Shields became a wholly owned, fully autonomous subsidiary of New York Life Insurance Company, a premier financial services provider and one of the country's most highly rated insurance companies. To capitalize on its broad range of investment management and retirement plan services, New York Life formed New York Life Investments in 19991. MacKay Shields continues to operate independently regarding both investments and compensation.

Progressively increasing our client base, we now manage approximately $40 billion of assets for institutional investors and other financial service providers across the globe.

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