In the News
Market Wrap With Moe Ansari - "Outlook For The Markets & Financial Sector"David EllisonPortfolio Manager
Despite Wall Street predictions of a recession, Dave Ellison, Portfolio Manager of the Hennessy Large Cap Financial Fund, thinks the economy is doing well. With low unemployment rates and companies seeing wage gains across the board, he believes the Fed should move with caution and remain hawkish.
Bloomberg Radio - "Banking, Cybersecurity, And Green Investing"David Rainey, CFACo-Portfolio Manager
As a long-term oriented investor, Hennessy Focus Fund Portfolio Manager, David Rainey, approaches every investment as if he'll own it indefinitely. Potential investments must meet the five criteria that make up the firm's rigorous analysis.
MarketWrap with Moe Ansari - "Outlook for Oil & Energy"Ben Cook, CFAPortfolio Manager
Ben Cook, Hennessy Energy Transition Fund Portfolio Manager, believes prices for crude oil, gasoline, and diesel will continue to spike for the near term due to the tightening of supply and demand fundamentals in recent months. He thinks OPEC will continue to work toward price stability, setting up an attractive environment for the upstream sector.
Schwab Network - "Japan: Good Vs Bad Inflation"Masakazu Takeda, CFA, CMAPortfolio Manager
As we near Q4, Masa Takeda, Hennessy Japan Fund Portfolio Manager believes the Bank of Japan will eventually raise interest rates, and Japanese banks are well positioned. He sees opportunities in exports and convenience stores. With inbound tourism on the rise, he thinks that is a strong tailwind for the Japanese economy.
Schwab Network – “Crude Oil Price Is To Stay Around $80 In 2023” August 2023Ben Cook, CFAPortfolio Manager
Ben Cook, Hennessy Energy Transition Fund Portfolio Manager, believes the growth in the US and global economies along with strong demand trends for crude oil and natural gas will ultimately be the key drivers of pricing in the industry.
The Wall Street Transcript - "Exxon Expanding Both Upstream and Downstream Business Units"Ben Cook, CFAPortfolio Manager
Despite its performance over the past six months, Ben Cook, Hennessy Energy Transition Fund Portfolio Manager, believes the investment merits of the energy sector are as strong as they've ever been.