Insights & Outlook

Review regular updates and insight from our investment management team. Market Perspectives cover broader issues, including the global economy, market environment or sector overviews. Portfolio Perspectives offer analysis from a portfolio manager or team on a specific fund.

Portfolio Perspectives / 09.19.17

Oil industry faces short-term hurricane impact

Ivy Energy Fund
Portfolio Perspectives / 09.11.17

A micro view in a macro world

Ivy Advantus Bond Fund

With so much happening daily in the markets and around the world, it’s easy to focus on the big picture. The portfolio managers for the Ivy Advantus Bond Fund tend to look a little closer.

Portfolio Perspectives / 08.30.17

What's in a rating?

Ivy Municipal High Income Fund

Bond quality ratings continue to be a point of focus in the municipal bond market. But should they be?

Portfolio Perspectives / 08.24.17

Headwinds seen easing as tide turns toward quality growth

Ivy Mid Cap Growth Fund

Year to date, the Ivy Mid Cap Growth Fund has experienced strong returns and is currently performing better versus the Russell Midcap Growth Index, and a number of its mid-cap growth peers. This commentary discusses the Fund’s recent performance and investment opportunities the portfolio management team is seeing in today’s market.

Portfolio Perspectives / 08.14.17

Investing in a rapidly-changing bond market

The bond market is evolving quickly, as an almost-30-year bull market seems to be drawing to an end. To find yield and income in a new environment, perhaps we need a new way of looking at bond investing.

Morning Meeting Insights / 08.08.17

Impacts of e-commerce on retail

Cynthia Prince-Fox and Chace Brundige, CFA, portfolio managers, believe online and mobile e-commerce will remain a key driver of change for retailers in the U.S. and other countries.

Morning Meeting Insights / 07.26.17

Investable Theme: North American Shale

David Ginther, CPA, and Michael Wolverton, CFA, portfolio managers of Ivy Energy Fund, believe that companies with access to the highest-quality drilling acreage and best technology stand to benefit as the price of oil recovers.

Portfolio Perspectives / 07.25.17

European politics overshadow improving case for international small cap equities

Ivy IG International Small Cap Fund

IPUO -- Despite Brexit and the rise of populist politics in Europe, there is a strong case to be made for international equities in 2017, particularly European small cap stocks.

Morning Meeting Insights / 07.20.17

Investable Theme: Aging population base driving demand for dividend income

Robert Nightingale, portfolio manager of Ivy Global Equity Income Fund, believes an aging population base is providing fundamental support for dividend-paying equities.

Morning Meeting Insights / 07.17.17

Investable Theme: Increasing web use in China

John Maxwell and Catherine Murray, portfolio managers of Ivy International Core Equity Fund, believe an increase in Chinese internet usage will benefit select companies that have dominant market share or are well positioned for increased usage through their online platforms, payments systems and/or e-commerce services.

Morning Meeting Insights / 07.12.17

Investable Theme: Growing consumer culture

Jonas Krumplys, CFA, portfolio manager of Ivy Emerging Markets Equity Fund, believes there is growing demand from emerging market consumers for “new economy” goods and services.

Morning Meeting Insights / 07.12.17

Innovation driving advancement in health care

Zachary Shafran and Bradley Warden, portfolio managers of Ivy Science and Technology Fund, believe technological advancements in health care are creating investment opportunities.

Market Perspectives / 07.06.17

Midyear Global Market Outlook 2017

Global markets remain strong after growing steadily this year and reaching new highs in U.S. stock indexes. What might investors expect for the remainder of the year?

Portfolio Perspectives / 06.14.17

A time to be selective in the energy sector

Ivy Energy Fund

We believe a selective approach to the energy sector is important now, but do not advocate broad exposure across the industry in the current environment.

Market Perspectives / 06.09.17

U.K. election tempers conservative majority

The results of the United Kingdom’s (UK) general election are a bit of a shock, as the ruling conservative party led by Prime Minister Theresa May lost its majority, winning only an estimated 318 seats in Parliament, versus a needed majority of 326 seats. The UK pound fell by nearly 2%.

Portfolio Perspectives / 06.07.17

Opportunities for growth in evolving market

Ivy Asset Strategy Fund

We think there are ample catalysts for ongoing corporate earnings growth, and think economic growth is broadening to more cyclical parts of the economy and outside the U.S.

Market Perspectives / 05.22.17

How to strike the right balance in high yield bonds

Strong 2016 performance and a sharp rally in credit spreads have prompted some investors to take a cautious view of high yield bonds. However, we believe this asset class remains attractive as part of a fixed income allocation, particularly as the US Federal Reserve looks to raise interest rates. The key is to approach the asset class thoughtfully.

Market Perspectives / 05.08.17

Macron win means no “Frexit”

Emmanual Macron’s presidential election win is likely to make Europe overall more attractive to investors.

Market Perspectives / 04.27.17

Geopolitical uncertainty shadows improving economic growth

We believe global economic growth is set to improve this year, although the risks surrounding political uncertainty could be rising around the world.

Market Perspectives / 04.03.17

Fallen angels offer opportunity in credit market

In most credit cycles, the market hits a point when credit rating downgrades far exceed upgrades. This ratings migration process can significantly impact the valuations of securities, particularly when credits are downgraded from a rating of investment grade to high yield.