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Welcome to Thornburg

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Please review our Terms & Conditions


Please read the information below. By accessing this web site of Thornburg Investment Management, Inc. ("Thornburg" or "we"), you acknowledge that you understand and accept the following terms and conditions of use.


Products or services mentioned on this site are subject to legal and regulatory requirements in applicable jurisdictions and may not be licensed or available in all jurisdictions and there may be restrictions or limitations to whom this information may be made available. Unless otherwise indicated, no regulator or government authority has reviewed the information or the merits of the products and services referenced herein. Past performance is not a reliable indicator of future performance. Investments carry risks, including possible loss of principal.

Reference to a fund or security anywhere on this website is not a recommendation to buy, sell or hold that or any other security. The information is not a complete analysis of every material fact concerning any market, industry, or investment, nor is it intended to predict the performance of any investment or market.

All opinions and estimates included on this website constitute judgements of Thornburg as at the date of this website and are subject to change without notice.

All information and contents of this website are furnished "as is." Data has been obtained from sources considered reliable, but Thornburg makes no representation as to the completeness or accuracy of such information and has no obligation to provide updates or changes. Thornburg disclaims, to the fullest extent of the law, any implied or express warranty of any kind, including without limitation the implied warranties of merchantability, fitness for a particular purpose and non-infringement.

If you live in a state that does not allow disclaimers of implied warranties, our disclaimer may not apply to you.

Although Thornburg intends the information contained in this website to be accurate and reliable, errors sometimes occur. Thornburg does not warrant that the information to be free of errors, that the functions contained in the site will be uninterrupted, that defects will be corrected or that the site and servers are free from viruses or other harmful components. You agree that you are responsible for the means you use to access this website and understand that your hardware, software, the Internet, your Internet service provider, and other third parties involved in connecting you to our website may not perform as intended or desired. We also disclaim responsibility for damages third parties may cause to you through the use of this website, whether intentional or unintentional. For example, you understand that hackers could breach our security procedures, and that we will not be responsible for any related damages.

Thornburg Investment Management, Inc. is regulated by the U.S. Securities and Exchange under U.S. laws which may differ materially from laws in other jurisdictions.

Online Privacy and Cookie Policy

Please review our Online Privacy and Cookie Policy, which is hereby incorporated by reference as part of these terms and conditions.

Third Party Content

Certain website's content has been obtained from sources that Thornburg believes to be reliable as of the date presented but Thornburg cannot guarantee the accuracy, timeliness, completeness, or suitability for use of such content. The content does not take into account individual investor's circumstances, objectives or needs. The content is not intended as an offer or solicitation with respect to the purchase or sale of any security or other financial instrument or any investment management services, nor does it constitute investment advice and should not be used as the basis for any investment decision.


No determination has been made regarding the suitability of any securities, financial instruments or strategies for any investor. The website's content is provided on the basis and subject to the explanations, caveats and warnings set out in this notice and elsewhere herein. The website's content does not purport to provide any legal, tax or accounting advice. Any discussion of risk management is intended to describe Thornburg's efforts to monitor and manage risk but does not imply low risk.

Limited License and Restrictions on Use

Except as otherwise stated in these terms of use or as expressly authorized by Thornburg in writing, you may not:

  • Modify, copy, distribute, transmit, post, display, perform, reproduce, publish, broadcast, license, create derivative works from, transfer, sell, or exploit any reports, data, information, content, software, RSS and podcast feeds, products, services, or other materials (collectively, "Materials") on, generated by or obtained from this website, whether through links or otherwise;
  • Redeliver any page, text, image or Materials on this website using "framing" or other technology;
  • Engage in any conduct that could damage, disable, or overburden (i) this website, (ii) any Materials or services provided through this website, or (iii) any systems, networks, servers, or accounts related to this website, including without limitation, using devices or software that provide repeated automated access to this website, other than those made generally available by Thornburg;
  • Probe, scan, or test the vulnerability of any Materials, services, systems, networks, servers, or accounts related to this website or attempt to gain unauthorized access to Materials, services, systems, networks, servers, or accounts connected or associated with this website through hacking, password or data mining, or any other means of circumventing any access-limiting, user authentication or security device of any Materials, services, systems, networks, servers, or accounts related to this website; or
  • Modify, copy, obscure, remove or display the Thornburg name, logo, trademarks, notices or images without Thornburg's express written permission. To obtain such permission, you may e-mail us at info@thornburg.com.

Severability, Governing Law

Failure by Thornburg to enforce any provision(s) of these terms and conditions shall not be construed as a waiver of any provision or right. This website is controlled and operated by Thornburg from its offices in Santa Fe, New Mexico. The laws of the State of New Mexico govern these terms and conditions. If you take legal action relating to these terms and conditions, you agree to file such action only in state or federal court in New Mexico and you consent and submit to the personal jurisdiction of those courts for the purposes of litigating any such action.


You acknowledge and agree that Thornburg may restrict, suspend or terminate these terms and conditions or your access to, and use, of the all or any part this website, including any links to third-party sites, at any time, with or without cause, including but not limited to any breach of these terms and conditions, in Thornburg's absolute discretion and without prior notice or liability.


Give Us a Call

Fund Operations

Amanda Zhang, Thornburg Investment Management Product and Operations Associate

Amanda Zhang

Product and Operations Associate

Amanda Zhang is a product and operations associate for Thornburg Investment Management (Shanghai) Limited. She is responsible for fund and product operations in mainland China, including oversight of the relationship with Asset Management Association of China (AMAC), the design and structure of products, and managing operations and administration.

Prior to joining Thornburg, Amanda was a fund operations manager at Hantak Investment in Beijing. She has extensive experience in mainland China private equity fund operations. Raised in Xinjiang, China, Amanda received a BA in economics from Central University of Finance and Economics in Beijing.


Woman looks eager to listen during presentation
Build Your Business

Retiring Retirement – Longevity Planning Outcomes

For the best longevity planning outcomes, assume a long life, broaden the discussion, and increase the number of chairs at the table.
Thornburg Investment Management courtyard.

Vision Mission and Values

Garrett Thornburg shares how our Vision, Mission and Values support our goals of excellence through continual improvement and adding value for our clients.
A couple looks overjoyed to know they are still healthy in their later years.
Advising Clients

Three Overlooked Rewards of Living Longer Lives

Managing your retirement income for decades can be daunting, but living to a ripe, old age can be well worth it for individuals, families and the economy.
Thornburg Investment Management entrance.

Actively Managed. Structured for Excellence

Far from the groupthink of Wall Street, Thornburg offers a broader view of financial markets, using a disciplined approach and a flexible perspective.
A human hand and an AI hand type on the same keyboard.
Advising Clients

When It Comes to Investment Advice, Humans Beat Computers

Robo-advisors offer some advantages, but the most comprehensive financial guidance still requires a human touch.
A swiss army knife lies open on a wood table, dividend paying stocks are the investors swiss army knife
Investment Tactics

Dividend-Paying Stocks: The Investor’s Swiss Army Knife

You can add current income, capital appreciation and tax advantages to your portfolio with this one type of investment.
The hope of graduation permeates as a graduating class sits patiently, how to fund college for future generations
Investment Tactics

How to Overcome the “Money” Problem of Funding College

The education funding puzzle is both challenging and complex. Follow these four essential steps in order to overcome the issue of paying for college.
A colorful barge floats down a narrow river, symbolizing the potential for bank loans to float to a narrow outcome

Bank Loan Funds: Benefits and Risks

Portfolio construction designed for many possible outcomes is our preferred approach. See why bank loans aren’t suited for a wide range of outcomes.
ETF total costs underappreciated.

Exchange Traded Funds (ETFs) Carry Overlooked Costs

ETFs carry substantial holding and transaction costs that are not immediately apparent. Learn more.
A monarch butterfly pollinating cockscomb flowers on the riverbank, rain storm covers tropical forest in the backgrounds. Mae Wong National Park, Thailand. Environment, Climate Change concepts.
Investment Tactics

Robust Portfolio Construction Essential for Various Markets

Fundamental research on individual securities may lead to better performance across various market cycles.
Press Release, On Strategy

Thornburg Signs the Principles for Responsible Investment

As a further commitment to responsible investing, Thornburg has signed the United Nations-supported Principles for Responsible Investment (PRI).
ADRs and currency risk.

American Depositary Receipts (ADRs) & Foreign Currency Risks

Dispel the myth that ADRs do not carry foreign currency risks. Learn more.
A group of dogs pull a sled in thick snow, multisector bond investing.
Capital Preservation

Tough Sledding in Multisector Bond Investing? It Depends on the Team.

Versatile, relative-value analysis of securities across sub-sectors and hybrid asset classes can help fixed income teams negotiate a challenging, expansive, potentially rewarding terrain.
A woman picks out a bright yellow bell pepper for dinner.

China Leads the Disruptive Mobile Payment Technology Trend

Four-hundred million Chinese millennials will soon account for more than half of China's domestic consumption. As a group, they are larger than the working populations of the U.S. and Western Europe...
An advisor looks to improve his business results.
Practice Management

Want to Improve Your Business Development Results as an Advisor?

If you want to improve your business results, don't forget to look at what's working for your peers. Learn more from the "Growing at Full Speed" report.
A couple works to manage legacy wealth.
Practice Management

Managing Legacy Wealth Is Good for Business and Clients

Advisors looking to build a sustainable business need to help their clients manage their legacy wealth. It's good for them and you.
A team works to reinvent their business.
Practice Management

Reinventing Your Business

Anyone who has built a booming business will likely tell you that at some time or another, they had to reinvent that business.
A team piles their hands to celebrate a big success.
Practice Management

The Case for Real Teaming

In a contest for the best advisory practice structure, teaming would be the winner. More advisors are creating or joining advisory teams than ever before.
Someone raises their hand to answer a question
Build Your Business

Planning for Inadequate Social Security Benefits

Sorry, but you do not have permission to view this content.
Insight management for the world - a soccer team celebrates for their recent victory.
Investment Tactics

Insights for Asset Management from the World Cup

Team performance matters more than star players or a large resource base. And in a rapidly changing world, Totaalvoetbal can help teams adapt.