Energy investors faced headwinds in 2019, with energy debt and equity continuing to underperform the broader markets amid trade tensions, weak demand trends, and other challenges. Yet we see bright spots emerging in the energy markets as we enter the new year – and continued volatility and price dispersion are likely to create opportunities for active investors.

In this Q&A, portfolio managers John Devir and Greg Sharenow discuss their outlook on energy markets for 2020 and what investors should be watching, including geopolitical developments and the growing focus on environmental, social, and governance (ESG) factors in commodity and energy investing.

Log In Or Register
The Author

John M. Devir

Portfolio Manager and Head of Americas Credit Research

Greg E. Sharenow

Portfolio Manager, Real Assets

Related

Related Funds

Disclosures

Past performance is not a guarantee or a reliable indicator of future results.

Commodities contain heightened risk, including market, political, regulatory and natural conditions, and may not be suitable for all investors. All investments contain risk and may lose value. Management risk is the risk that the investment techniques and risk analyses applied by an investment adviser will not produce the desired results, and that certain policies or developments may affect the investment techniques available to the manager in connection with managing the strategy.

There is no guarantee that these investment strategies will work under all market conditions or are suitable for all investors and each investor should evaluate their ability to invest long-term, especially during periods of downturn in the market. Investors should consult their investment professional prior to making an investment decision.

PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. This material contains the opinions of the manager and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. ©2020, PIMCO.

Gold Still Shines Bright
XDismiss Next Article