Industry news and views from Panacea and our partners.
PIMCO
PIMCO: Europe's Economic Struggles: A Silver Lining for Fixed Income Investors
As the European economy, particularly Germany, struggles with stagnant GDP and structural issues such as lagging technology and high energy prices, we see opportunities for fixed income investors.
PIMCO: Watching the Fed Watching Tariffs and Inflation
It is not just tariffs that might affect inflation and growth but also trade uncertainty and the effects of the ambitious Trump policy agenda.
PIMCO: Navigating Global Macro Risks in 2025
Explore the evolving risks and opportunities affecting global growth and inflation in our 2025 outlook with PIMCO economist Tiffany Wilding.
PIMCO: 2025 Outlook: Bonds Are Better Positioned
Group CIO Dan Ivascyn underscores why high-quality bonds are better positioned for 2025, given their attractive yields and valuations relative to cash and equities.
PIMCO: Income Update: Strategies for a Shifting Market
Amid ongoing uncertainty and volatility, Group CIO Dan Ivascyn explains why it’s important to focus on high quality, and how we’re leveraging global high yielding opportunities to help cushion portfolios against volatility and optimize returns.
PIMCO: The Tariff Tug-of-War: Balancing Economic Growth and Trade Relations
Exploring the delicate balance between protectionism and global cooperation.
PIMCO: Where to Look When Equities Are Priced for Exceptionalism
Lofty U.S. stock valuations call for a renewed focus on risk assessment and portfolio diversification.
PIMCO: ECB: Heading Towards Neutral
Despite still elevated domestic inflation, weak growth and inflation projected at target this year strengthen the case for further rate cuts.
PIMCO: Bank of England: How Low Will Interest Rates Go?
With the highest policy rate among large developed countries, the U.K. has become an outlier, but we expect interest rates will fall by more than markets expect, with significant implications for gilt yields.
PIMCO: Uncertainty Is Certain
Amid an unsettled global economic outlook and elevated equity valuations, bond markets present attractive yields and important diversification benefits.
PIMCO: From Cash to Bonds: A Strategic Shift in Post-Pandemic Investing
As cash yields dwindle, the case for fixed income becomes increasingly compelling.
PIMCO: Thoughts From the Bond Vigilantes
Amid concerns about the impact of rising deficits on U.S. Treasuries, it helps to differentiate bond investments by maturity, credit rating, and global relative value.
PIMCO: Preparing Portfolios for Multi-Asset Opportunities Ahead of 2025
Learn how a diversified mix of stocks, bonds, and other assets can enhance portfolios’ risk-adjusted return potential given today’s dynamic economic environment.
PIMCO: Capitalizing on the Inverse Stock-Bond Relationship with Multi-Asset Portfolios
Portfolio Managers Erin Browne and Emmanuel Sharef discuss their strategy for multi-asset portfolios amid the resurgence of the inverse relationship between equities and fixed income, and highlight their key investment opportunities in today’s market environment.
PIMCO: Negative Correlations, Positive Allocations
The inverse correlation between bonds and stocks has returned, broadening potential for risk-adjusted returns in multi-asset portfolios.
PIMCO: Three Layers of Active Portfolio Construction
Mohit Mittal, PIMCO's CIO of Core Strategies, discusses the value that active fixed income brings to portfolios, particularly in taking advantage of structural inefficiencies in global markets.
PIMCO: Finding an Active Edge in Global Bonds
Andrew Balls, CIO Global Fixed Income, and Sachin Gupta, Portfolio Manager and Head of the Global Desk, discuss global bonds and why active management matters today.
PIMCO: The Fixed Income Outlook is Compelling
Investors reviewing their portfolio allocations as we close out 2024 should note fixed income is poised to play a significant role in 2025.
PIMCO: Four Economic Themes Shaping the Next 12-Months
Global economies are normalizing and central banks are cutting rates, we identified four themes investors should focus on as we head into 2025.
PIMCO: Unlocking Potential in Active High Yield Bonds
Portfolio Manager David Forgash discusses the high yield bond markets today, and highlights the benefits of active management.
PIMCO: From Fragility to Greater Stability: Economic Outlook and Investment Strategies in the Euro Area
Despite a weak growth outlook the Euro area’s increased resilience and stability makes European fixed income investments attractive.
PIMCO: Emerging Markets: The Biggest, Fastest Growing, and Arguably Least Understood Pool of Credit in the World
Learn why emerging market debt is best used to reduce risk rather than chase yields.
PIMCO: Trump’s Second Act: What to Expect in 2025 and Beyond
Even with Republicans poised to control the White House, the Senate, and the House of Representatives, slim congressional majorities could hinder the president’s efforts to enact his agenda.
PIMCO: Beyond the Base Case: Preparing for the Unexpected
Learn why robust risk management and scenario planning are critical to navigating the geopolitical risks – for policymakers and investors alike.
PIMCO: Securing the Soft Landing
The fixed income outlook remains strong across multiple economic scenarios as the U.S. Federal Reserve joins other central banks in cutting interest rates. Read our latest 12-month outlook now or watch the webcast.
PIMCO's Cyclical Outlook
Join us on October 16th for a live discussion as we look ahead to the next 12 months, preparing for the shifting investment landscape and the opportunities that lie ahead.
PIMCO: Cuts and Consequences
Just as it marks the transition from summer to fall, September has often been a transitional month for monetary policy and financial markets.
PIMCO: The Federal Reserve is set to cut rates – but by how much?
Balanced risks to inflation and employment indicate it’s time for the Fed to normalize interest rates, enhancing a positive backdrop for bonds.
PIMCO: Why Now For Fixed Income
With central banks poised to begin, or continue, cutting rates, the time is potentially right to move into fixed income. We believe the first step to lock-in today’s attractive bond yields could be moving into a high-quality, active bond strategy.
PIMCO: ECB: On a Quarterly Cutting Journey
While the European Central Bank did not precommit, the next cut is likely to be in December.