Industry news and views from Panacea and our partners.
Schroders
Schroders: The dollar’s decline: implications for investors
The US dollar has experienced one of its most dramatic declines in decades, becoming a new focus of consideration for investors.
Schroders: The great rotation - where next for long-term investors?
From Asia to the UK, are investors rediscovering overlooked opportunities?
Schroders: Unconstrained fixed income views: October 2025
While bond market volatility has been low, uncertainty remains high. We explain why central banks are proceeding with caution with respect to setting monetary policy, and explore some unusual macroeconomic trends.
Schroders: The case for a structural allocation to gold in portfolios
We explore gold’s effectiveness in hedging risk and the rationale for a structural allocation in multi-asset portfolios.
Schroders: Think the US large cap market is too efficient for active managers to outperform? Time to think again
The already flawed assumption that equity markets present a ‘zero-sum game’, in which an active manager can’t beat passive strategies and can only win when others active managers lose, has become even less valid.
Schroders: Quarterly markets review - Q3 2025
A look back at markets in Q3 when the US Federal Reserve cut interest rate and the AI boom continued.
Schroders: Being active, but playing it safe, has worked extremely well for investors in global equities
Low active-risk strategies deliver what investors want in a core holding: broad exposure, lower fees and greater consistency in performance. More importantly, they have also outperformed their more active peers over the past decade.
Schroders Equity Lens October 2025: your go-to guide to global equity markets
The outperformance of pre-revenue and unprofitable tech, and investing at all-time highs
Schroders: The merits of patient investing in a high-speed age
Investors who want to beat the market—and avoid competing with algorithms—can benefit from ignoring the noise and focusing on stock fundamentals.
Schroders: Should default pensions be forced to make a minimum allocation to UK shares?
An independent think tank has recommended that UK equities should form 20-25% of a default pension scheme’s equity allocation. Schroders' Head of Public Policy Rich Fox considers the findings.
Schroders: Why it makes sense to cast the Asian investment net wide
China’s spectacular economic transformation and sheer size means it has dominated the Asian economic landscape over recent decades.
Schroders: The quiet boom in gold equities
Gold miners are generating record margins and have built fortress balance sheets, yet trade at unstretched valuations. The market is starting to pay attention.
Schroders: Our multi-asset investment views - September 2025
This month we upgrade equities to positive as the Federal Reserve turns more dovish. Find out more in our latest multi-asset views.
Schroders: Fed cuts likely to fire up inflation in 2026
We fear that easing monetary policy at this stage of the cycle may prove counterproductive.
Schroders: Unconstrained fixed income views: September 2025
We explore why the rather vague concept of a ‘neutral policy rate’ is becoming more important to central banks - and why it is important for the outlook for bonds.
Schroders: Which equity styles are performing well? The answer may surprise you
Most people think of the current bull market as a “Growth” stock rally, backed by the US Magnificent-7. But that is only true in the US. The opposite is true internationally, where performance, sector make-up, and valuations are very different.
Schroders: A snapshot of the world economy in Q3 2025
Our latest infographic highlights our new growth and inflation forecasts, and considers the possibility of a soft patch in US economic data and the impact of a weaker dollar.
Schroders Equity Lens September 2025: your go-to guide to global equity markets
Remove your US-tinted glasses: it’s been a “value” market outside the US, “growth” stocks have languished
Schroders: Six months on - was DeepSeek really ‘a moment’? As Ben Graham said, the more the market changes …
Investors like to think they are smarter than previous generations but that is not always clear from the evidence.
Schroders: Our multi-asset investment views - August 2025
The risk/reward profile for equities is becoming less compelling, while we have concerns around inflation risks. Find out more in our latest multi-asset views.
Schroders: Five perspectives on how cheap UK equities really are
Assessing whether UK equities are fundamentally cheap relative to both history and their international peers.
Schroders: Economic and Strategy Viewpoint – Q3 2025
Global activity has held up well despite policy uncertainty. This could be at odds with market expectations of rate cuts.
Schroders: The old “active vs passive” debate is dead – here’s why
As investors grasp the dangers of market concentration and turn increasingly to specialist investment vehicles and private markets, it’s time we acknowledge that active investment management is about far more than stock selection.
Schroders: Decoding emerging markets: the case for active exposure
The case for an active exposure to emerging market equities at a point when geopolitical risk is high and volatility rising across asset classes
Schroders: Green shoots and shifting sentiment – why UK equities deserve a closer look
A world in flux – and a chance for Schroders' UK equity investment trusts to shine
Schroders: Seeking resilience in gravity-defying stock markets
Geopolitical and policy risks abound, but stock markets continue to reach all-time highs. Our equity investors discuss what’s driving markets, and how active investors can find long-term resilience.
Schroders Equity Lens August 2025: your go-to guide to global equity markets
Demand for US equities soars on the back of strong fundamentals
Schroder Investment Solutions: The benefits of using liquid alternatives in portfolio construction
Traditional investment strategies can fall short in navigating the complexities and volatility of today’s financial markets
Schroders Equity Lens July 2025: your go-to guide to global equity markets
Investing when the market is at an all-time high, market breadth, and a deep dive on corporate supply/demand (buybacks, IPOs,…)
Schroders: Family offices prioritise resilient portfolios as policy risks intensify
As US policy uncertainty and market volatility rise, family offices focus on building resilience into portfolios.