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Phillip Gronniger, CFA

Client Portfolio Manager

Phillip Gronniger is a client portfolio manager for Thornburg Investment Management. In this role he is responsible for the external-facing articulation of investment philosophy, process, performance, and positioning to clients across all channels.

Before joining Thornburg in 2025, he was a client portfolio manager at Janus Henderson Investors, starting as a senior product manager in 2010. Prior to that he served as a vice president and portfolio manager for Financial Counselors, Inc., where he managed fixed income strategies for institutional clients and large-cap growth portfolios for private clients. He started his career in 1998 as a fixed income and equity trader prior to being promoted to a fixed income and equity analyst at Financial Counselors, Inc.

Phillip received his BS degree in business administration from the University of Missouri – Kansas City. He is currently registered with FINRA with a Series 7 and 63. He is a CFA charterholder.

Insights

One hundred dollar bill with a crown on Ben Franklin's head.
Fixed Income

Why Cash Is No Longer King: Bonds Should Reign

Income assets have historically outperformed cash when the Fed moves into a rate-cutting cycle.
Global Equity

Evaluating the Impact of Active Management, International Investing, and Dividends

We explore the benefits of active management during periods of market volatility, highlight international investment prospects, and examine the increasing interest in dividend-oriented strategies.
Markets & Economy

Active Management, International Investing, and Dividends

Thornburg client portfolio managers discuss how active management can help investors identify sector opportunities and navigate current economic conditions.
Markets & Economy

Investor Viewpoint: Corporate Earnings and Tariff Impacts

We analyze the impacts of tariffs and inflation on corporate earnings, highlighting sector performance and global dynamics amid changing economic and investment conditions.
Markets & Economy

Thornburg Investment Insights: Corporate Earnings and Tariff Impacts

Thornburg Client Portfolio Managers discuss the latest corporate earnings and how tariff impacts will slowly start to creep into the data.
United States and China
Markets & Economy

Investment Landscape: Surveying Potential Risks and Opportunities

Investors continued to monitor the tenuous relationship between the U.S. and China, while keeping an eye on where Fed leadership and the dependability of macroeconomic data are headed.
Markets & Economy

The U.S.-China Relationship, the Fed, and Data Reliability

Thornburg client portfolio managers discuss the latest topics moving markets including the U.S.-China relationship, the latest with the Fed, and how data reliability can affect decisions in today's current environment.
Yacht leaning in rough sea.
Investment Tactics

The Enduring Role of Active Investment Management

Active investment management can help investors achieve their long-term financial goals while navigating market volatility, asset dislocations, and managing risk.
Markets & Economy

Active Investing in a Passive World

Thornburg's CPMs discuss the case for active investment management amid heightened uncertainty, macro pressures, and interest rate volatility.
Binoculars on wooden pole by the sea against blue sky
Fixed Income

Solving the Hunt for Yield Amid Rate Volatility and Compressed Spreads

As traditional bond strategies face renewed pressure, explore how shifts in credit markets and investor behavior are reshaping income opportunities.