Our team of tenured Portfolio Managers shares their mid-year insights on what's ahead for investors. They provide opinions on the direction of interest rates, trade disputes, and renewed volatility in both equity and fixed income markets, and share their insights about where they believe investment opportunities exist today.
The Hennessy Focus Fund Managers provide insights on two of the Fund’s largest holdings and also discuss the factors behind the recent recovery in the homebuilding market.
The Hennessy Focus Fund Managers present the investment case for three recent additions, Ashtead Group, Camping World, and Metro Bank, to their highly concentrated portfolio and review the reasoning behind their long-term time horizon.
Hennessy Focus Fund Portfolio Managers discuss the return of market volatility and describe the investment case for two holdings in the fund.
Hennessy Focus Fund Portfolio Managers discuss how they expect tax reform to affect the portfolio and share updates and their investment case for a number of key Fund holdings.
Studies have shown that concentrated portfolios, those with generally fewer than 25 holdings, do not have a higher risk profile and that limiting a portfolio to just high-conviction "best ideas" may provide meaningful performance advantages over time.
Increased attention is being paid to the inclusion of focused mutual funds in portfolio allocations. Studies have shown that concentrated portfolios can provide meaningful performance advantages over time.
Co-Portfolio Managers Ira Rothberg, Brian Macauley, and David Rainey discuss the impact of the Tax Reform bill on the portfolio and why they focus on the long-term performance of their concentrated portfolio. They also explain why they increased the weighting in American Woodmark and detail the investment case for top holding American Tower.
Chief Investment Officer Neil Hennessy discusses recent volatility in the markets, and why he believes that the strong fundamentals still in place should reward long-term, level-headed investors who stay the course in 2019.
Our team of tenured Portfolio Managers shares their insights on what's ahead for investors. They provide opinions on the direction of the stock market and interest rates, potential impact of Trump administration policies, hidden earnings power in the U.S. economy, and where they believe investment opportunities exist today.