Brandon Johnson

My colleague and Fidelity portfolio manager, Bill Kennedy, shared his thoughts on an emerging sustainable investing theme: https://bit.ly/4hb05gb Bill’s thesis is that gas producers may see accelerated earnings growth, driven in part by tax credits from the 2022 Inflation Reduction Act for U.S. companies willing to reduce their carbon emissions. He’s keenly interested in companies that produce hydrogen; an alternative fuel that significantly reduces carbon emissions compared with the traditional fossil fuels used in heavy industry. Kennedy believes the magic lies in how they produce this hydrogen—using either electricity generated from renewable energy sources (green hydrogen) or natural gas with carbon sequestration (blue hydrogen). In doing so, Kennedy contends, these firms are cutting down on emissions by capturing carbon generated from an industrial activity.

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Bond covenants are critically important protection for investors. Listen as The TCW Group Group’s #FixedIncome team discusses the weakening of those covenants over the past several years and how that trend is having a real impact on investors and outcomes.

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🧡 How to Master Class Refresher! I recently met an UT/ILP Investment Sales Master Class attendee who was troubled by the benefit illustration. Off late, the benefit illustration includes a full example of what happens to the client’s investment if it suffers a zero percent return. The answers to this and nearly all other questions which a customer may ask are contained in the placemats you receive as a part of the Master Class. If you need to refresh yourself with the principles used to deliver investment sales success, then the Master Class Refresher being held at Ocean Financial Centre on 21 June (2:30-5:30pm) is the programme for you. To make the most of it, sign up with a buddy. In the run up to the class, review and revise all that you learnt previously and work out a list of unresolved questions. Course fee, after IBF subsidy for Financial Advisors older than 40 years is $90. Financial Advisors younger than 40 years pay $210. To attend this Refresher Class, you must have previously attended the full UT/ILP Investment Sales Master Class. #LookingAtInvestingInANewLight #InvestingCanBeEasy #LBFalumni #SkyHighTower

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Our June 2024 update highlights: * Why you may not want to buy the current basket of mega cap stocks * Why internships and the first job after college are so important * What has stimulated Texas' solar boom * Important reasons for checking your estate beneficiary designations The update is at: https://lnkd.in/e8X2TzB #stocks #education #renewable #estateplanning

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From rate cut hopes to market turbulence: On TCW's latest #FocusOnFixedIncome podcast, Global Rates Co-Heads Jamie Patton and Bret Barker unpack the bond market's dramatic shift this year and analyze the Treasury's critical part in economic revival efforts with host Patrick Moore. Listen:

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September brought modest gains for midstream indices, with the Alerian Midstream Energy Index up 0.6% and the Alerian MLP Index down 0.3%. What’s notable is how these results contrast with a broader decline in commodity ETFs — the Energy Select Sector SPDR Fund was down 3% and the SPDR S&P Oil & Gas Exploration & Production ETF was down 5%. Watch our September Energy Update for more: https://lnkd.in/eNberRMC. #EnergyInvesting #Midstream #Commodities

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This year’s #FidelityAdvisorGrowthForum was a huge success! Advisors from across the country were able to network and discuss practice growth, as well as hear from Fidelity portfolio managers about their views on the market. Check out this link to learn more about the resources that Fidelity can offer advisors: https://bit.ly/4f2dg1m

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During our recent webcast with RIA Channel, 80% of financial advisor attendees reported having an allocation to energy in their portfolio. Senior Vice Presidents and Portfolio Managers Ted Gardner and Parag Sanghani joined Keith Black for an in-depth discussion on the risks and opportunities in today’s energy landscape. For more information on our approach to investing in energy, visit: https://lnkd.in/gJmVPif8. #Energy #FinancialAdvisors #Investing

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Will U.S. debt levels continue to rise, and what does that mean for markets? Libby Cantrill, Head of U.S. Public Policy, and Richard Clarida, Former Vice Chairman of the Fed, discuss this and more in our new our blog → https://bit.ly/4b2IzqI

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What key factors do we consider when investing in midstream energy companies? Westwood’s robust, in-house research capabilities inform our approach to investing in the midstream sector, evaluating important criteria like valuations, cash flow and positioning of assets. Learn more: https://bit.ly/3M4GVdE #Investments #EnergyInvesting #Midstream

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Issuance of asset-backed securities (ABS) has boomed over the past year. Is this an expansion of the opportunity set, or an example of late-cycle behavior? Listen as TCW's Securitized team discuss the drivers of growth in issuance and which areas of the market they view as compelling:

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The share of target date fund assets as a percentage of total 401(k) assets has more than quadrupled since 2007. But how many 401(k) participants have access to TDFs in their plans? Find out in this month’s Retirement at a Glance. bit.ly/3UNORoY.

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In our latest market update, Fidelity’s Asset Allocation Research Team reviews the second quarter of 2024 in the markets and shares a look at what might be ahead. Learn more at: https://bit.ly/4dmnetm

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My friend Darby Nielson form Fidelity, was a panelist Forbes SHOOK Research Top Advisor Summit discussing alternative investments and the role they may potentially play in your clients' portfolios. Learn more about a practical framework to help guide you as you develop an appropriate alternative allocation for your clients here: https://bit.ly/3O23PTG

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