Masa Takeda, Hennessy Japan Fund Portfolio Manager, identifies what he believes to be promising investment opportunities because the team understands the inner workings of the Japanese corporate landscape due to their presence on the ground in Japan. In his opinion, Japan is an attractive place for active managers, where the fund has the potential to thrive.
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.
Masa Takeda, Hennessy Japan Fund Portfolio Manager, describes his investment strategy that has resulted in a concentrated portfolio of Japanese companies with time-tested business models, proven long-term track records, global market growth potential, and higher returns on equity.
Masa Takeda, Hennessy Japan Fund Portfolio Manager, focuses on buying and holding companies he believes can grow through macroeconomic gyrations. It's not surprising that the Fund hasn't traded much in recent weeks.
While Masa Takeda, Hennessy Japan Fund Portfolio Manager, sees significant positive potential in Japan's stimulus package, he says the Fund is designed with the potential to do well in good and bad times rather than reacting to what's happening in the market.
Neil Hennessy, Hennessy Funds CIO, looks for value and quality, especially during these volatile times. He sees many solid companies with low Price-to-Sales ratios, very good profits and potential to initiate or raise dividends.
Hennessy Financial Funds Manager Dave Ellison is committed to owning banks. In his opinion, they have the capital and earnings to handle what's ahead, despite the uncertainties.
BP Midstream and BP Energy Fund Manager Ben Cook focuses on higher-quality energy companies with balance sheets and production profiles that afford them the resiliency to withstand the stress of a low-commodity-price environment.
Focus Fund Manager Brian Macauley discusses holdings well-positioned to withstand economic difficulties due to coronavirus as he re-evaluates each company’s strength of balance sheet, demand, revenue, and supply chain.
As the landscape changes for Energy, the transformation of multi-utility companies into more renewables is on the long-term horizon according to Ryan Kelley Hennessy Gas Utility Fund Portfolio Manager.
Opinions expressed are subject to change at any time, are not guaranteed, and should not be considered investment advice.
DOE refers to the Department of Energy. EIA refers to the U.S.Energy Information Administration. FERC refers to the Federal Energy Regulatory Commission.
References to other funds should not be interpreted as an offer of these securities.