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.

Market Perspectives / 12.04.19

Long-term investors should look beyond stock market volatility

Market Perspectives / 11.21.19

Ivy CIO Insights: Global tech and U.S.-China trade war

China’s aggressive tech ambitions and the ongoing trade war present challenges, but may create opportunities for long-term investors. Our team discussed navigating the current global technology environment amid the uncertainty.

Market Perspectives / 11.11.19

Emerging markets: A re-emerging opportunity

Many investors have been reluctant to invest in emerging market equities because of concerns about volatility. We believe the fundamentals argue in favor of a strategic allocation.

Market Perspectives / 10.04.19

Q4 Outlook:
Global economy staggers toward year end

Volatility has been the story of 2019. While we believe market headwinds will keeping global economic growth relatively weak for the rest of the year, signs of stabilization could appear in the next few months.

Market Perspectives / 10.02.19

CIO Insights: Staying focused on high-quality business models

The Business Roundtable recently updated its view on the “Purpose of a Corporation” and the reactions were immediate. Is it the end of capitalism? Just lip service to support entrenched management teams? Our team analyzed the potential impact on business, industry analysis and corporate governance.

Portfolio Perspectives / 09.24.19

Big innovators among small companies

Ivy Small Cap Growth Fund

While the small-cap category recently has underperformed, we believe our process for identifying innovators among the universe of small-cap companies, particularly in the information technology and health care sectors, can create long-term investment opportunities.

Market Perspectives / 08.22.19

Beyond the volatility: is a near-term recession likely?

August has been a highly volatile period for the financial markets. Reignited trade tensions and recent yield-curve inversions have spooked investors, culminating in a 3% drop in the S&P 500 Index on Aug. 14, its worst day of the year.

Market Perspectives / 08.05.19

Fed cuts rates; where do we go from here?

The Fed announced a much-anticipated one-quarter-percentage-point cut to the federal funds rate. Following the decision, Fed Chairman Powell's press conference commentary was perceived as unexpectedly hawkish. While the market had a 'buy the rumor, sell the news’ reaction, but we believe underlying fundamentals should support continued growth during the rest of 2019.

Market Perspectives / 07.16.19

2019 Midyear Global Outlook — Trade in the balance

Economic fundamentals were solid at the start of the year. Could trade disruptions put the economic expansion at risk in the second half of 2019?

Portfolio Perspectives / 07.11.19

Amid the noise, will tech's run continue?

Ivy Science and Technology Fund

While trade tension and government investigations may create unknowns, the secular drivers of technology and health care are diverse and growing. We believe we are at a unique crossroads as innovation in science and technology converge at an unprecedented pace, which is creating new investable opportunities.

Portfolio Perspectives / 07.03.19

A defensive tilt in market uncertainty

Ivy International Core Equity Fund

We have shifted the portfolio slightly more defensive, while maintaining exposure to areas we believe should participate in market upside.

Portfolio Perspectives / 06.24.19

Depressed valuations may offer opportunity

Ivy Pzena International Value Fund

Fear of recession has depressed valuations of many economically sensitive businesses. Contrary to popular belief, this may be an opportune time to invest.

Portfolio Perspectives / 06.12.19

A focus on quality as volatility persists

Ivy Emerging Markets Equity Fund

The risks of a prolonged U.S.-China trade standoff have increased, but we believe long-term fundamentals in emerging markets will offer opportunities.