KKR’s Henry McVey’s Five Areas of Focus
July 13, 2017New Mid-Year Report Discusses Global Macro Trends
“As we peer around the corner today on what tomorrow might bring, our work still leads us to forecast lower overall returns. However, against this backdrop we see attractive opportunities and therefore feel inspired to narrow our investment focus in a way in which we believe can help drive both absolute and relative outperformance.”
In his latest report,
1. De-conglomeratization: Corporate spin-offs are creating ‘rightsizing’ opportunities
2. Experiences over things
3. Emerging markets over developed markets
4. Fixed income illiquidity premium
5. Embracing dislocation
In addition to these investment themes, the report details specific macroeconomic influences that factor into the GMAA team’s updated asset allocation model. McVey’s outlook includes a conservative view on global inflation, margin expansion, interest rates, and oil prices in the near-term relative to the consensus.
Links to access this note as well as an archive of
- To read the latest Insights: click here.
- To download a PDF version: click here.
- To download the KKR Insights app for iOS click here, and for Android click here.
- For an archive of previous publications please visit www.KKRinsights.com.
About
About KKR
KKR is a leading global investment firm that manages investments across
multiple asset classes including private equity, energy, infrastructure,
real estate, credit and hedge funds. KKR aims to generate attractive
investment returns by following a patient and disciplined investment
approach, employing world‐class people, and driving growth and value
creation at the asset level. KKR invests its own capital alongside its
partners’ capital and brings opportunities to others through its capital
markets business. References to KKR’s investments may include the
activities of its sponsored funds. For additional information about
The views expressed herein are the personal views of Henry McVey of
KKR and do not necessarily reflect the views of KKR. This information is
not research and should not be treated as research. It does not
represent valuation judgments with respect to any financial instrument,
issuer, security or sector that may be described or referenced herein
and does not represent a formal or official view of KKR. It is being
provided merely to provide a framework to assist in the implementation
of an investor’s own analysis and an investor’s own views on the topic
discussed herein. There can be no assurance that an investment strategy
will be successful. Historic market trends are not reliable
indicators of actual future market behavior or future performance of any
particular investment which may differ materially, and should not be
relied upon as such. This information should not be viewed
as a current or past recommendation or a solicitation of an offer to buy
or sell any securities or to adopt any investment strategy. References
to a target portfolio and allocations are hypothetical allocation of
assets and not reflect an actual portfolio. The views expressed herein
and discussion of any target portfolio or allocations may not be
reflected in the strategies and products that KKR offers or invests,
including strategies and products to which
View source version on businesswire.com: http://www.businesswire.com/news/home/20170713005309/en/
212-750-8300
media@kkr.com
Source: KKR
Back to Press Releases
Media Contacts
Americas
Miles Radcliffe-Trenner
Telephone: +1 (212) 750-8300
Email: media@kkr.com
Investor Relations
Craig Larson
Telephone: +1 (877) 610-4910
Outside US: +1 (212) 230-9410
Facsimile: +1 (212) 750-0003
Email: Investor-Relations@kkr.com