In the News
Bloomberg Radio - Market Uncertainty And InvestingDavid EllisonPortfolio Manager
David Ellison, Portfolio Manager of Hennessy Large & Small Cap Financial Funds, believes banks may benefit if Fed rates continue going up and remain around 2.5% for 5-10 years, however may be at risk if there is a recession and the rates are lowered again to zero.
TD Ameritrade - Stocks To Watch: Markel (MKL) & Encore Capital Group (ECPG)David Rainey, CFACo-Portfolio Manager
David Rainey, Portfolio Manager of Hennessy Focus Fund, is encouraged by the strength of the US economy, low unemployment, and people spending more. He shares two financial stocks, Encore Capital and Markel, that he believes have the potential to be leading lights for the next 5 to 10 years.
The Wall Street Transcript - "Hydrocarbon Sector Positioned Well Even if Energy Prices Ease" April 2022Ben Cook, CFAPortfolio ManagerL. Joshua Wein, CAIAPortfolio Manager
In this article, Ben Cook and Josh Wein, Portfolio Managers, discuss holdings within the Hennessy Energy Transition Fund and the Hennessy Midstream Fund and the outlook for the sector. With capital allocation discipline, strong balance sheets, and significant cash flow generation capabilities, these companies should be able to maintain the productive capacity necessary to provide meaningful total returns to shareholders over the coming years.
TD Ameritrade - Room To Run In Energy StocksBen Cook, CFAPortfolio Manager
Ben Cook, Portfolio Manager of Hennessy Energy Transition Fund, believes higher oil prices are here to stay for some time. However, for investors, he sees the potential for upside given current valuations and the prospect of better financial results for many of the companies in the sector.
Fox Business - Investor Spotlights Natural Gas And FinancialsRyan C. Kelley, CFAChief Investment Officer and Portfolio Manager
Ryan Kelley, Chief Investment Officer of Hennessy Funds, thinks there are plenty of opportunities for investors given the growing importance of natural gas globally. He also believes that the financial sector is in a good spot.
TD Ameritrade - "Energy Sector Funds: GASFX and HNRGX"Ryan C. Kelley, CFAChief Investment Officer and Portfolio Manager
Utilities are traditionally considered solid defensive dividend paying investments. Ryan Kelley, Hennessy Funds Chief Investment Officer and Portfolio Manager, says we’re in a phase where growth rate is 6-8%, about double the historical rate.