Investment outlooks 2017

Tile_tile-wf-lighthouse

After a game-changing 2016, Henderson’s investment teams outline the lessons they’ve learned, the key positions within their portfolios moving towards the New Year and their expectations for markets in 2017. Additional outlooks will be added in the coming days and weeks.

If you would like to download all the outlooks from 2017, please enter your email address below. By entering your email address and subscribing to the Outlooks campaign, you indicate your consent to receiving further electronic communications from Henderson Global Investors about products and services which may be of interest to you. We may also share your email address with third parties to optimise the relevancy of the electronic communications we may provide.

If you do not want to receive such communications, please tick here.
 
Click to expand

Please note that you can click or tap the arrow icon to display more investment outlooks for 2017...

Global Equities

Global Technology: expectations for 2017

by Stuart O'Gorman

1 month ago
Stuart O’Gorman, Director of Technology Equities, discusses his outlook for 2017. While technology stocks have been experiencing near-term headwinds, such as US dollar strength and fears about trade protectionism, Stuart and his team continue to believe the asset class can outperform global equities over the medium and long term.
More
How will Global Property Equities fare in 2017?

by Guy Barnard

1 month ago

Guy Barnard, Co-Head of the Global Property Equities Team, shares his outlook for 2017. Adopting a balanced view on the property sector, the team’s focus will remain on investing in markets and sectors that are demonstrating resilient growth characteristics and companies with quality assets and management teams.

More
Emerging market equities in 2017: long-term opportunities but risks remain

by Glen Finegan

1 month ago

​Glen Finegan, Head of Emerging Market Equities, believes a long term, risk-aware approach that focuses on the fundamental trends within a business is more important than trying to predict fluctuations in the wider economy.

More
Global equity income outlook: corporate profitability key to dividend growth

by Alex Crooke

2 months ago
Alex Crooke, Head of Global Equity Income, believes that political and economic trends are likely to again influence global equity markets in 2017 and that corporate profitability will be the key to generating capital and dividend growth.   
More
Global equity income: electing for future dividend growth

by Andrew Jones, Ben Lofthouse

2 months ago
Andrew Jones and Ben Lofthouse, co-managers of the Henderson Global Equity Income Strategy, continue to focus on companies across markets with attractive yields and good dividend growth potential. They believe that income remains scarce and that Europe looks attractive despite 2017 election concerns.
More
2017: supportive backdrop for global equities

by Matthew Beesley, Ian Tabberer

2 months ago

​Matthew Beesley, Head of Global Equities, and Ian Tabberer, Portfolio Manager, believe that the impact of technology and an ageing population are likely to be the key themes shaping global equity markets in 2017, while the incoming US President’s planned shift to fiscal stimulus should be supportive for global equities. 

More
US Equity Growth: outlook 2017

The Henderson Geneva US Equity Growth Team provides their outlook for 2017. The team is cautiously optimistic and will continue to focus on investing in high quality companies, with the consumer discretionary and technology sectors currently presenting the most attractive opportunities.  

 
More
Global equities outlook: focus on long-term secular growth trends

by Ian Warmerdam, Ronan Kelleher

2 months ago

​Ian Warmerdam and Ronan Kelleher, co-managers of the Henderson Global Growth Strategy, believe that focussing on undervalued companies with long-term secular growth drivers will continue to trump short-term market sentiment trades in 2017.

More
Global Natural Resources: outlook 2017

by David Whitten

2 months ago

David Whitten, Head of the Henderson Global Natural Resources Team, looks ahead into 2017. He explains how his strategy is positioned in an environment of recovering commodity prices and examines the investment potential for key resource sectors.

More
What's in store for Asia-Pacific property equities in 2017?

by Tim Gibson

2 months ago

Tim Gibson, Manager of the Asia-Pacific Property Equities Strategy and Co-Head of Global Property Equities, shares his outlook for 2017. Property equities are likely to perform relatively well in a low rate environment and income should be a key driver of total returns in the asset class.

 
More
2017 outlook: China equities

by Charlie Awdry

2 months ago

​Charlie Awdry, China portfolio manager, shares his views on the prospects for Chinese stocks in 2017. He believes the focus on high quality growth companies exposed to long-term consumer trends and cyclical value stocks places his portfolios in good stead to deliver attractive returns for investors.

 
More
Asian Dividend Income: cautiously optimistic in 2017

by Michael Kerley, Sat Duhra

2 months ago

Michael Kerley and Sat Duhra, Co-Managers of the Henderson Asian Dividend Income Strategy, provide their outlook for 2017. While macro events will continue to dominate markets,  Asia’s strong potential for dividend growth remains the key reason why investors should remain invested in the region.

 
 
More

European Equities

John Bennett 2017 outlook: why the ‘value’ shift favours Europe

by John Bennett

2 months ago

​John Bennett, Head of European Equities, shares his outlook for 2017. He sees the potential for a continued rotation from a growth to a value-driven market as the key factor for European equity investors next year. While he maintains an overall bullish outlook, John acknowledges that currency, politics and the chance of deflation are all risks to this view. 

More
European equities in 2017: the contrarian’s first choice?

by Tim Stevenson

2 months ago

​Tim Stevenson, Director of European Equities, gives his outlook for 2017. While he believes high growth businesses should retain their premium valuations, Tim sees a number of risks that investors need to navigate, including rising inflation, monetary policy and an increasingly unpredictable political landscape. Against this backdrop, Tim believes investors should stick with companies capable of consistently increasing their returns to shareholders.

More

Global Fixed Income

Credit outlook 2017: a spread of outcomes

by Stephen Thariyan

1 month ago
Stephen Thariyan, Global Head of Credit, comments on the outlook for credit markets in 2017 noting that geography and a bond’s position on the ratings spectrum are likely take on increasing importance in the coming year.
More
Tom Ross 2017 credit outlook: more of the same, so get selective

by Tom Ross

2 months ago

​Tom Ross, Portfolio Manager, gives his outlook for credit markets in 2017. Macroeconomic factors are likely to continue to dominate markets in 2017, however, there should still be potential to add value through credit selection, particularly within the high yield space.

More
Fixed Income outlook 2017: caution is the watchword

by Phillip Apel

2 months ago

​Phillip Apel, Head of Fixed Income, comments on the prospects for fixed income markets in 2017 as the political calendar suggests a volatile year ahead.

More
Emerging market credit in 2017: external events to outweigh country specifics

by Steve Drew

2 months ago

​Steve Drew, Head of Emerging Market Credit, talks about the unprecedented flows into the asset class in 2016 and why he believes, apart from the obvious political developments, other themes in 2017 are likely to broadly reflect those of this year.

More
Government bond markets in 2017: remaining alert to political risks

by Mitul Patel

2 months ago

​Mitul Patel, Head of Interest Rates, discusses the themes likely to shape government bond markets in 2017, with shifting political landscapes in the developed world, and changing expectations for the global economy, pointing to elevated levels of risk.

More
Secured loans in 2017: benefiting from low interest rate sensitivity and attractive yields

by David Milward

2 months ago

​David Milward, Head of Loans, explains that while the potential for capital appreciation may be low for European secured loans, the current attractive running yield and relatively low sensitivity to interest rate moves bodes well for the asset class.

More

Multi-Asset

Multi-Asset Outlook 2017: More, more, more! – Growth, inflation, politics

​Paul O’Connor, Head of Multi-Asset, reviews 2016’s lessons, and details the key themes that investors should prepare for in 2017. He explains which areas of the market look most and least appealing from a cross-asset perspective.

More
2017 outlook: two great unknowns

​James de Bunsen, fund manager with Henderson’s Multi-Asset Team, reviews 2016’s key lessons and gives his view on which themes will likely shape markets in 2017 from a cross-asset perspective.

More
2017 economist’s view: Prepare for an economic ‘boomlet’ but keep a weather eye on money trends

by Simon Ward

2 months ago

​Simon Ward, Chief Economist, believes that global monetary trends are currently signalling strong growth in the first half of 2017, while economic cycle analysis suggests sustained momentum into 2018.

More

Alternatives

Luke Newman 2017 outlook: volatility and ‘normalisation’ creates opportunity

by Luke Newman

2 months ago

​Luke Newman, co-manager of the Henderson UK Absolute Return strategy, gives his outlook for 2017. He sees political and economic uncertainty persisting and explains that the accompanying volatility in markets will create further opportunities for an equity long/short strategy such as his. Luke discusses the potential within the financial sector, the value of high yielding stocks and the likely headwinds for companies impacted by minimum wage legislation.

More

Asian Equities