Top 4 of the money managers for 2018 share their outlook for 2019

In 2018, the stock market rediscovered volatility. However, for some fund managers of large caliber the year was quite positive.

Here's what the best-performing managers in 2018 share about their expectations in 2019:

1. Nancy Zevenbergen - manages Zevenbergen Growth Fund

Picture: Zevenbergen Capital Investments

1-year return: 26.54% /up to November 2018/

Biggest holdings (as of 9/30): Amazon (6.5%), Exact Sciences (5.4%), Netflix (5.4%), Shopify (4.7%), XPO Logistics (4.4%)

Nancy Zevenbergen directs to companies that are run by their creators and do not hire a CEO in their place. The fund's focus is on companies that invest in development, and more precisely in areas that will continue to grow positive.

2. Dennis Lynch - runs Morgan Stanley's  Multi Cap Growth Fund (CPOAX) и Institutional Growth Portfolio (MSEGX)

Picture: morganstanley.com

1-year return: 24.13% (CPOAX), 17.09% (MSEGX) /up to November 2018/

Biggest holdings (as of 9/30):

CPOAX— Amazon (9.2%), Veeva Systems (5.9%), Illumina (5.6%), Coupa Software (5.2%), Union Pacific (5.1%)

MSEGX— Amazon (9.7%), Veeva Systems (6.5%), Illumina (6%), Salesforce.com (5.4%), Union Pacific (5.3%)

In 2018 the fund was oriented COMPANY SaaS (Software as a service - Software as a Service), as they provide a generally good. Other areas of investment for the fund are the Healthcare Information Technologies sector and companies offering consumer and business services. In 2019, Dennis Lynch is committed to sticking to this fund management strategy. "We are watching a lot of political reversals, trying to be very careful, and avoiding extreme opinions about interest rate movements or the economy because we do not want each of our positions to reflect a common vision that we think is quite unpredictable," says Lynch.

3. Chris Smith - founder and manager of the Artisan Thematic Fund (ARTTX)

Picture: Artisan Partners

1-year return: 23.26% /up to November 2018/

Biggest holdings (as of 9/30): Equinix (6.2%), Treasury bill/bonds (5.1%), IHS Markit (4.9%), CME Group (4.8%), SBA Communications (4.4%)

According to Chris Smith, the economy is slowing down after reaching its peak. According to him, a recession at the end of 2019 is possible but hardly predictable at the moment. Looks at companies that perform well in late economic cycles. One of the areas in which it sees potential is the towers of communication towers, such as: SBA Communications (SBAC), American Tower (AMT), Crown Castle (CCI).

4. Kyle Weaver - главен мениджър на Fidelity Advisor Growth Opportunities Fund (FAGAX)

Picture: Fidelity

1-year return: 18.38% /up to November 2018/

Biggest holdings (as of 9/30): Apple (5.5%), Amazon (5.3%), Microsoft (5.2%), PAX Labs (5.2%), Alphabet (4.8%)

"Battery technology is in a strong trend, and energy storage costs have been declining for years, but it has accelerated with all the investment in battery technology for electric vehicles," says Kyle Weaver.

Large tobacco companies will be worried about new alternatives where the manager is looking for investment.

The third area in which the manager sees potential is cloud systems and SaaS (Software as a service).

The list of possible investments also includes Chinese technology giants.

Source: Business Insider

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