Portfolio Managers David Ellison and Ryan Kelley recap changes they’ve seen in the market over the last few decades and expound on the challenges of managing financial-sector portfolios, expanding their investing opportunity set, the misuse of the term “fintech”, and some of their financial sector stock picks.
Following the recent annual rebalance of the Hennessy Cornerstone Mid Cap 30 Fund, Portfolio Manager Ryan Kelley, discovered two underlying themes of the fund: Consumer Spending and Economic Growth and Capital Expenditure.
Hennessy Funds Chief Investment Officer Neil Hennessy shares his insight on the market and why he believes a recession isn’t likely in 2019.
Hennessy Funds Chief Investment Officer Neil Hennessy doesn’t think the market is headed toward a recession based on unemployment and interest rates and other factors.
Ryan Kelley, Hennessy Funds Portfolio Manager, thinks the ceasefire in the U.S.-China trade war could be a good catalyst going forward to continue to move the market higher.
Hennessy Equity and Income Fund Portfolio Manager Mark DeVaul discusses stocks that he considers to be fairly valued and have low price to earnings ratios.
The Hennessy Japan Small Cap Fund has been named Investor’s Business Daily’s 2018 Best Mutual Fund in the international stock category. PM Tad Fujimura describes his team’s investment process and what “gives them an edge in the small-cap space.”
Hennessy Financial Funds Portfolio Manager Dave Ellison discusses how the banks are doing, the healthy economy and concerns over loan demand.
Hennessy Japan Fund Portfolio Manager Masa Takeda discusses the status of "Abenomics" and structural reform initiatives, and he describes his focus on fundamentals as a long-term investor.
Large Cap Financial Fund Portfolio Managers Dave Ellison and Ryan Kelley detail their investment process, which focuses on companies with repeatable earnings and management teams with the ability to withstand storms in the credit and interest rate cycles.
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.