2015 Outlook

Latest Stories

Penn Mutual Asset Management’s Economic and Market Review for 2015

By Mark Heppenstall | January 20, 2016

The U.S. economy has been one the few bright spots across the globe, as most other developed and emerging market economies performed below expectations.

2015 Lessons Learned: 3 Takeaways for Investors

By Mark Heppenstall | January 4, 2016

Here are a few key lessons investors learned (again) during 2015. Today also marks a key milestone for our company and our investment team as we enter the private market with the launch of a private fund. The fund marks our entrance into the private market and is an outgrowth of our firm’s depth and expertise as fixed income managers.

Low Liquidity, 2Q Earnings and Market Breadth

By David O'Malley | July 27, 2015

One of the risks for the stocks of individual companies in this environment is that stock prices can move very significantly on good and bad news.

The Potential Impact of Greece, Puerto Rico and China on Investments

By Mark Heppenstall | July 9, 2015

What effect might the debt crises in Greece and Puerto Rico, and the downturn in the Chinese stock market, have on investments globally?

Will 2015 Continue to be a Seller’s Market?

By Trevor M. Williams | February 5, 2015

Through the end of 2014, the ratio of private equity exits (for example, IPO or sale) to private equity investments reached a 10-year high. We’ve clearly been in what we’d consider to be a seller’s market.

Uncertainty Causes Market Volatility

By David O'Malley | January 19, 2015

Markets don’t like uncertainty, and risk assets typically trade lower and volatility increases as uncertainty rises. This is the environment driving market action in 2015.

Capital and Bond Market Outlook (2015)

By David O'Malley | January 14, 2015

Penn Mutual Asset Management’s outlook for stock and credit markets is cautious as we enter 2015.

A New Year, with $50 Oil and a Strong Q1 for the U.S. Economy?

By David O'Malley | January 5, 2015

I am very excited about 2015 for many reasons, but one of my top professional reasons is for what could become of Penn Mutual Asset Management in the years ahead.



Disclosure Statement

This blog post is for informational use only. The views expressed are those of the author, Dave O’Malley, and do not necessarily reflect the views of Penn Mutual Asset Management. This material is not intended to be relied upon as a forecast, research or investment advice, and it is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy.

Any statements about financial and company performance of The Penn Mutual Life Insurance Company or its insurance subsidiaries (each, “Client”) made by the author is provided with a written consent from the Client.  Penn Mutual Asset Management is a wholly owned subsidiary of The Penn Mutual Life Insurance Company.

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Opinions and statements of financial market trends that are based on current market conditions constitute judgment of the author and are subject to change without notice.  The information and opinions contained in this material are derived from sources deemed to be reliable but should not be assumed to be accurate or complete.  Statements that reflect projections or expectations of future financial or economic performance of the markets may be considered forward-looking statements.  Actual results may differ significantly.  Any forecasts contained in this material are based on various estimates and assumptions, and there can be no assurance that such estimates or assumptions will prove accurate.

Investing involves risk, including possible loss of principal.  Past performance is no guarantee of future results.  All information referenced in preparation of this material has been obtained from sources believed to be reliable, but accuracy and completeness are not guaranteed. There is no representation or warranty as to the accuracy of the information and Penn Mutual Asset Management shall have no liability for decisions based upon such information.

High-Yield bonds are subject to greater fluctuations in value and risk of loss of income and principal. Investing in higher yielding, lower rated corporate bonds have a greater risk of price fluctuations and loss of principal and income than U.S. Treasury bonds and bills. Government securities offer a higher degree of safety and are guaranteed as to the timely payment of principal and interest if held to maturity.

All trademarks are the property of their respective owners. This material may not be reproduced in whole or in part in any form, or referred to in any other publication, without express written permission.

Copyright © 2015 Penn Mutual. All Rights Reserved. All trademarks are the property of their respective owners.

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