In the News
Barron's - " Warren Buffett is Betting on Japanese Stocks. Here's How You Can Too."Masakazu Takeda, CFA, CMAPortfolio Manager
Buffett's $6 billion bet "spotlights the appeal of Japan's long-depressed stock market." Hennessy Japan Fund Portfolio Manager Masa Takeda explains how active managers in Japan have been able to gain an edge.
Yahoo! Money - "Factoring 2020 Election Investments"David Rainey, CFACo-Portfolio Manager
David Rainey, Portfolio Manager, Hennessy Focus Fund believes most of the fund’s holdings will pick up where they left off as the pandemic wanes - businesses he thinks have secular headwinds that may power earnings growth for a long time.
CNBC - "Companies that stay the course will live to see another day."L. Joshua Wein, CAIACo-Portfolio Manager
Joshua Wein, Portfolio Manager, Hennessy Funds believes companies that stay the course will live to see another day. Darden and Longhorn have significantly increased sales with curbside and takeout during the pandemic.
CNBC - "Market Fundamentals, Valuations Differ With FAANG and Momentum Stocks"Neil J. HennessyChief Investment Officer and Portfolio Manager
Neil Hennessy, Hennessy Funds CIO, describes the investment opportunities for active managers as they identify changing consumer habits due to the pandemic, including home remodeling. He also explains the importance of looking beyond the handful of big tech firms currently driving market gains.
S&P Global Market Intelligence - "Q2 Gas Utility Earnings Could Flip Investor Sentiment on the Sector"L. Joshua Wein, CAIACo-Portfolio Manager
Joshua Wein, Co-Portfolio Manager of the Hennessy Funds Gas Utility Fund, expects some utilities to soften guidance and sees it as an opportunity to reconsider gas utilities following the market's rotation into large-cap tech stocks.
TD Ameritrade - David Ellison On Parsing Through Bank Earnings ReportsDavid EllisonPortfolio Manager
Portfolio Manager David Ellison expects banks to continue to cut costs and consolidate as they experience heavy loan losses, margin pressure and limited loan growth growing forward. He is investing more in the electronic movers of money, not buyers and sellers of money, for the fund.