Investment Research Makes All the Difference

Proprietary research lies at the heart of all our investment capabilities. We emphasize rigorous fundamental analysis, complemented by “top-down” macro and thematic inputs. This insight generates the high conviction investment ideas that drive our investment approach and can help clients achieve their financial goals.

Fixed Income

In-house fixed income risk metrics and proprietary credit ratings complement our access to rating agency and independent third-party credit analysis. These “bottom-up” perspectives are coupled with insight into interest rates, yield curve structure, economic trends, and technical analysis, collectively framing our overall fixed income strategy.

Rigorous fundamental investment research complemented by qualitative insight

In-depth, security and issuer-specific analysis

Internal research identifies potential upgrades and flags credit risk


Our equity research team leverages quantitative screening and extensive security-specific fundamental analysis to identify attractive ideas aligned with the goals and objectives of each equity strategy.

Proprietary investment research complemented by macroeconomic and related insight

Idea generation fostered by stock-specific, sector and market analysis

Goal-oriented and risk-sensitive growth and dividend income strategies

The dynamic municipal market requires a diligent research process rooted by an in-depth knowledge of credit fundamentals along with an up-to-date view of the macroeconomic environment. Research remains foundational to Appleton’s investment process.

Caroline R. Schmidt

Municipal Bond Research Analyst