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.

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.

Morning Meeting Insights / 04.14.17

Investable Theme: North American Shale

David Ginther, CPA, portfolio manager of Ivy Energy Fund, believes that certain shale companies with access to the highest-quality drilling acreage and to the best technology stand to benefit when the price of oil recovers.

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.

Morning Meeting Insights / 03.16.17

Investable Theme: Opportunities increasing for small caps tied to U.S. defense spending

The Ivy Small Cap Growth Fund portfolio management team believes that recent increased spending in the U.S. defense budget is just one of a number of tailwinds helping today’s small-cap companies in the technology and services sector.

Market Perspectives / 03.15.17

Federal Reserve announces another rate increase

The U.S. Federal Reserve's (Fed) policy-making committee increased the benchmark federal funds interest rate to 1.00%, a 0.25-percentage-point increase. This follows an increase in December 2016.

Morning Meeting Insights / 03.15.17

Investable Theme: Consumer-led U.S. economy

Cynthia Prince-Fox and Chace Brundige, CFA, portfolio managers see a relatively favorable backdrop for U.S. consumers in economic and wage growth, household formations and confidence measures.

Portfolio Perspectives / 02.28.17

Exploring the potential in emerging markets now

Ivy Emerging Markets Equity Fund

We think several factors are contributing to the potential for emerging market equities to perform well in 2017.

Morning Meeting Insights / 02.17.17

Investable Theme: Rents driving U.S. opportunities

The Fund’s portfolio management team believes real estate fundamentals continue to be positive, with economic growth spurring demand, and offer the potential for growth in rent rates.

Portfolio Perspectives / 02.15.17

1Q 2017 Outlook: Positioning for a rapidly changing world

Ivy Asset Strategy Fund

A changing outlook for global economic growth after the U.S. elections is a key factor in how the Fund is positioned early in 2017.

Portfolio Perspectives / 11.30.16

OPEC puts floor under oil prices

Ivy Energy Fund

OPEC has agreed to reduce production by 1.2 million barrels per day (bpd) to a total of 32.5 million, a meaningful reduction in supply.

Portfolio Perspectives / 11.17.16

Novel, new technologies creating investment opportunities

Ivy Science and Technology Fund

Co-Portfolio Manager Zachary Shafran discusses how innovative technology creates investment opportunities and challenges.