Industry news and views from Panacea and our partners.
PIMCO
Pimco: Compounding Opportunity
Following strong 2025 returns, high quality fixed income continues to offer attractive yields and global diversification at a time of stretched equity valuations and tight credit spreads.
Pimco: Geopolitics: Europe’s Place on the Global Stage
In a shifting world where geopolitics is reshaping the economic landscape, join PIMCO’s experts and special guests as they dive into the key topics that matter—offering informed perspectives and real-world insights, all through a European lens.
PIMCO: Unlocking Value in 2026
From public to private credit, Group CIO Dan Ivascyn breaks down where value has re-emerged – and how disciplined selectivity and embracing complexity can help investors navigate the year ahead.
PIMCO: Charting the Year Ahead: Investment Ideas for 2026
After a year of broad-based gains, many investors feel both upbeat and uncertain looking toward 2026. Equities extended their bull run in 2025, but valuations remain historically stretched amid a sharp dispersion of returns across sectors. Cash offered both safety and income for a while, but it no longer seems attractive as the Federal Reserve cuts interest rates. And the U.S. economy appears resilient, yet a K-shaped split shows prosperity for wealthier households diverging from mounting strain for others.
UK Budget: What Investors Should Know
While the Chancellor met her fiscal rules with unexpected headroom, the real challenge lies in delivering on future commitments.
PIMCO: From Cycles to Structure: Europe’s Investment Story
Europe is investible again—but the playbook is changing. In this episode, Nicola Mai, PIMCO’s Economist and Sovereign Credit Analyst, alongside PIMCO Portfolio Managers, Konstantin Veit and Sara Adjir break down their insights on Europe’s evolving economic landscape and where investors can find value today.
PIMCO: Credit Unwrapped: The Active Advantage Across Public, Private, and Everything In-Between
Fixed income is back in focus—and active management has never been more critical. In this episode, Christian Stracke, PIMCO’s President and Rupert Harrison, Senior Adviser at PIMCO, share their insights on how PIMCO positions portfolios for what’s next across the capital spectrum.
PIMCO: Tariffs Are Here to Stay
Expectations are high that the U.S. Supreme Court will rule against the Trump administration’s use of the International Emergency Economic Powers Act (IEEPA) – the 1970s legislation that allows a president to declare a national economic emergency – to justify tariffs. Betting markets had placed the odds of a ruling in favor of the president’s use of IEEPA at about 40% before the recent oral arguments on November 5, but since then, the odds have dropped to roughly 20%, according to outcome trading platform Kalshi.
PIMCO: UK Market Outlook: From the BoE to the Budget—What Investors Need to Know
The UK is at an inflection point. In this episode, Rupert Harrison CBE—Senior Adviser at PIMCO and former Chief Economic Adviser to the UK government—and Dr. Peder Beck-Friis, Economist at PIMCO, share actionable insights on navigating the UK’s evolving investment landscape.
PIMCO: Income Strategy Update: Focused on Optimizing Income Amid an Evolving Rate Market
We see compelling opportunities for fixed income investments amid economic uncertainty and optimistic equity valuations.
PIMCO: Macro: 6 themes that will reshape investing in a new global order
Group CIO Dan Ivascyn shares why today’s environment offers compelling opportunities for bond investors. From attractive high-quality yields to the potential benefits of locking in rates as cash returns decline, learn why fixed income strategies deserve a closer look now.
PIMCO: The Economics of AI Scale
Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.
PIMCO: Starting Valuations Fuel 2025 Bond Performance, 2026 Potential
Group CIO Dan Ivascyn shares how active management and global diversification continue driving strong bond returns amid credit risks and stretched equity valuations.
PIMCO: Charting Market Views on Interest Rates With Richard Clarida
Former Federal Reserve Vice Chair Richard Clarida charts key signals for interest rates and the economy – and what they could mean for investors.
PIMCO: Asset-Based Finance: A New Era in Credit Investing
There’s a transformation underway in credit markets: from bank syndication to hybrid structures led by asset managers. Discover how duration risk, asset-liability mismatches, and demand for yield are creating high-quality credit opportunities and what it means for portfolio construction.
AXA IM: Cracks Emerge Beneath Market Resilience, Challenging Areas of the U.S. Economy
Macro Signposts highlights weekly takeaways from the data analysis conducted by our team of economists and other experts.
PIMCO: Fixed Income: Strong Starting Point, Stronger Potential
Bond returns have been strong – and the opportunity is far from over. With compelling yields and excess return potential across public and private markets, Marc Seidner, CIO non-traditional strategies, shares why fixed income remains a powerful tool for generating durable income and managing risk.
PIMCO: Cyclical Outlook: Tariffs, Technology, and Transition
Locking in attractive bond yields can support long-term returns, especially as central banks cut interest rates and tariff effects pose risks to global economic growth and inflation.
PIMCO: Making Sense of Private Markets: Liquidity, Risk and Opportunity
Group CIO Dan Ivascyn discusses how investors should examine liquidity and economic sensitivity across public and private markets.
From Cash to Curve: Rethinking Allocations as Rate Cuts Loom
Group CIO Dan Ivascyn discusses how looming Federal Reserve interest rate cuts and continued policy uncertainty are shaping PIMCO’s investment playbook at a time of abundant fixed income opportunities.
PIMCO: Generating Yield with Resilience: Positioning in Today’s Market
In today’s markets, generating yield without sacrificing resilience is paramount. Group CIO Dan Ivascyn discusses how our income approach leverages elevated starting yields and a flexible portfolio to deliver attractive returns while managing risk.
PIMCO: Income Strategy Update: Seeking Stability With High Quality Fixed Income
We focus on high quality investments with compelling yields in an environment of elevated uncertainty.
PIMCO: Europe’s Economic Future: A Stable Base in a Volatile World
Amid global uncertainty, Europe faces slower growth but will benefit from increased stability.
PIMCO: Powell Keeps Market Waiting for More Data
The Federal Reserve offered little guidance on the outlook at its July meeting, striking a somewhat hawkish tone.
PIMCO: Unlocking the Future of Energy Transition
Grover Burthey, Portfolio Manager, and David Crane, Executive Chair of Generate Capital and former Under Secretary for Infrastructure at the U.S. Department of Energy, discuss key challenges and breakthrough opportunities in energy investing, emerging technologies, and closing critical financing gaps in renewables.
PIMCO: Active Core Bonds: A Strategic Alpha Play Amid Global Policy Shifts
Why are actively managed core bonds attractive today? Portfolio managers Mohit Mittal and Sachin Gupta discuss the compelling global opportunity set amid diverging growth and policy shifts.
PIMCO: EU–U.S. Trade Deal: Reduced Risks, but Still a Headwind for Europe
The degree to which growth in Europe slows, along with inflation developments, will be key in determining the path ahead for the European Central Bank.
Pimco: Europe’s Economic Future: A Stable Base in a Volatile World
Europe’s economic prospects look lacklustre amid structural challenges, but institutional progress, better policy coordination, and stronger political cohesion provide a stable backdrop for investors. With steady interest rates and a resilient credit market, the region offers attractive opportunities for those seeking diversification and dependable returns in an uncertain global landscape.
PIMCO: Low Duration Income: Balancing Income Generation and Downside Protection
As banks de-leverage, spreads on high-quality securities have become unusually attractive. Portfolio manager Alfred Murata explains how this creates a compelling opportunity for the low duration income strategy. He also highlights how PIMCO’s scale and expertise help uncover rare market opportunities.
PIMCO: Unlock Diversified Income Potential with Securitized Assets
Discover how securitized credit strategies offer investors liquid, diversified income opportunities and attractive risk-adjusted return potential.