Industry news and views from Panacea and our partners.

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AXA IM: Can US high yield offer respite from the uncertainty?


After posting 8.2% return in 2024, the US High Yield market has proven to be very stable so far in 2025, despite various headlines with the potential to move markets on both the macro and geopolitical front.

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Jupiter: Three key themes for Japan in 2022


Dan Carter and Mitesh Patel assess the outlook for Japan in 2022, from a drive for a “new capitalism” to the emerging potential of low carbon technologies.

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Jupiter: Asia Pacific for income & growth – but be selective


Asia Pacific continues to provide plenty of attractive growth and income opportunities. But an active approach is key, says Jason Pidcock, Head of Strategy, Asian Income.

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Jupiter: Are you wrong about Japan?


Dan Carter and Mitesh Patel tackle some of the misconceptions about Japan, and look factors such as low carbon technology and inflation.

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Jupiter: Asia Pacific for income & growth – but be selective


Asia Pacific continues to provide plenty of attractive growth and income opportunities. But an active approach is key, says Jason Pidcock, Head of Strategy, Asian Income.

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Jupiter: Notes from the Investment Floor: China’s long march to net zero


Salman Siddiqui discusses China’s move toward carbon neutrality and the investment opportunities it provides.

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Schroders: New PM, new dawn for investing in Japan?


Fumio Kishida inherits a much brighter situation than his predecessor as the state of emergency is lifted. We look at what this means for investing in Japanese equities.

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Artisan: Does Your Portfolio’s China Exposure Match China’s Role in the Global Economy?


Watch Artisan Developing World founding PM Lewis Kaufman discuss why China is uniquely positioned to deliver attractive equity outcomes in the next decade. (4 min.)

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Columbia Threadneedle: What does market regulation mean for Chinese equities?


Recent regulatory action around China’s after-school education companies has raised concerns around the country’s economic system. The companies had been stock market darlings, propelled by strong demand from parents looking to get their children ahead in a competitive education system. But new regulation has effectively made the sector non-profit, shrinking the addressable market for these companies from $100 billion to $25 billion2 and wiping billions off the market caps of education companies such as New Oriental and TAL Education (Figure 1). This was a worst-case scenario few investors had been anticipating.

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Jupiter Merlin Weekly: How to make a drama out of a crisis


The Jupiter Merlin team discuss the UK’s fuel crisis, China’s economic slump, and central banks that have all their fingers crossed that they’re right about inflation.

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T. Rowe Price: Why there’s more to China than just big tech


The growth and sheer dynamism of the Chinese economy and its stock market continue to offer the potential for attractive returns for active investors in Chinese equities.

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Baillie Gifford: Multi Asset Income Fund - The Past is a Foreign Country


Baillie Gifford’s Theo Holland outlines the characteristics that make an emerging market attractive to income investors and explains how Indonesia became an Asian success story. Capital at risk and income not guaranteed.

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Jupiter Asset Management: Notes from the Investment Floor: ‘Common prosperity’ in China


Salman Siddiqui explains why he doesn’t think China’s focus on ‘common prosperity’ will be negative for the private sector over the longer term.

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Rathbones - The Sharpe End podcast: Episode three


On this month’s episode of The Sharpe End, David, Will, and Craig ask whether investors are getting too excited about dubious subscription business models, and whether investors are looking critically enough at these ‘flywheels’ of growth.

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Orbis: Unpacking the risks from regulatory change


For Chinese companies, regulatory change is a perennial risk. This month, the government gave investors a stark reminder of that risk when it announced sweeping changes to China’s online tutoring industry.

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Aviva Investors: China's Big Tech crackdown


Like Washington and Brussels, Beijing is worried about the growing power of large technology companies. But China’s regulators are taking swifter, more radical action than their peers in the West.

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Rathbones In the KNOW blog: Is China going local?


In case anyone forgot that China was supposed to be communist, the world’s largest market dropped a hammer on its technology and education sectors. David Coombs, our head of multi-asset investments, reviews his Chinese exposure.

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T. Rowe Price: Gains still to be found in Chinese equities


China’s economy is on the right track to recovery in 2021. We expect the Chinese consumer to play a bigger role this year, thanks to pent?up demand. Successive holidays and festivals have been accompanied by improving consumer confidence.

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Prudential: Asset class performance update: A spotlight on Asian Bonds


Within this article Prudential provide an in depth look at our approach to investing in Asian bonds within their PruFund funds.

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Jupiter: Citywire: Harry Richards on running £13bn in his early 30s


Harry Richards tells Wealth Manager about the industry’s perception of younger fund managers, tackling inflation and opportunities in China.

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T. Rowe Price: China’s evolution – looking beyond the well-trodden path


Join us on Wednesday 24th March at 10am GMT / 11am CET for insights from Wenli Zheng and Irmak Surenkok on the Chinese equity market.

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Square Mile Research: A focus on Asia


A major player in Asian equities, the Matthews Asia Pacific Tiger fund is an all-cap portfolio which focusses on sustainable, long-term growth prospects coupled with strong management teams. Watch the Talking Factsheet for a quick snapshot on what you can expect.

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Baillie Gifford on Japan’s new approach to digital working


Japan's new approach to digital working is giving entrepreneurial companies more of an edge. Read more in Enlightenment, Baillie Gifford’s funds magazine. Capital at risk and income not guaranteed.

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AXA IM: Why is China an important market for the biotech sector?


Peter Hughes, Portfolio Manager, Biotech & Longevity, Framlington Equities, talks about China’s rapid unfolding as a centre for biotech innovation over the recent years and how companies domiciled in China are emerging as innovation leaders.

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Quilter Cheviot: Japan after Abe


Today I’m going to take the excuse, of Japan’s Prime Minister Abe’s decision to step down recently, to talk about Japan.

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It’s Time to Look East


First to emerge from the coronavirus pandemic, the Asia ex Japan region is in robust health and its innovative companies are thriving. Roderick Snell surveys the Asian landscape and argues that the region is the best place to look for long-term growth.

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Aberdeen Standard Investments: Asia after the storm


The world has been battered by the coronavirus pandemic this year. Most economic activity was suspended as many of us spent our days confined to our homes.

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Columbia Threadneedle Investments: Asian and emerging markets equity update - 2019 overview and 2020 outlook


Asian and emerging markets equity update - 2019 overview and 2020 outlook

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Square Mile Research: A Spotlight On: IA Asia Pacific excluding Japan Sector


There are the obvious attractions to the Asian region, such as favourable demographics, growth in urbanisation and economic expansion. Access our latest adviser insights by registering for our Academy of Funds.

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Baillie Gifford: The Digital Archipelago


Two of Southeast Asia’s biggest nations are following china into rapid tech-led growth says Ewan Markson-Brown, co-manager of Baillie Gifford’s Pacific Fund.

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Baillie Gifford: Finding Explosive Growth in Asia


Baillie Gifford investment managers Roderick Snell and Ewan Markson-Brown discuss the best ways to unleash the potential of Asia in your portfolio.

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Schroders: How will today's consumption tax rise affect Japan's economy?


In a long-awaited move for Japanese economists, investors and policymakers, today Japan raised Value-Added-Tax (VAT) – otherwise known as the consumption tax – from 8% to 10%.

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Invesco: India: Asian US dollar bond market: A new asset class


Asian US dollar bonds typically offer a yield advantage over comparable US and European bonds. But what else does the asset class have to offer?

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Invesco: India: Modi’s new mandate opens the way for more structural reforms


Modi has been sworn in for a second term as Prime Minister. What does it mean for the Indian economy?

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Invesco: India's growth trajectory not contingent on election result


Is India likely to remain a good source of opportunities? Find out the impacts of India’s election result as Ian Hargreaves, Co-Head of Asian and Emerging Market Equities discusses the team’s long-term view and where they are finding opportunities in the region.

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Aviva Investors: China’s precarious balancing act


China is stepping up efforts to stabilise growth after it sagged last year to a three-decade low. But by piling more debt on an already highly leveraged economy, Beijing looks to be storing up problems for the future.

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Trading places: Why southeast Asia could benefit from US-China spat


Trade wars have disrupted supply chains and weighed on stock performance in emerging markets. But as manufacturing companies shift production away from China to evade tariffs, some of its neighbours have spotted an opportunity.

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Schroders: China cuts growth target, but no signs of mega stimulus


China lowers its 2019 growth target to 6-6.5%, but so far no signs of mega stimulus from National People’s Congress

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Legg Mason: Legg Mason: A Sweet Spot For Asian Markets


Price-to-book ratios for Asian equities are well below the long-term average, even after January's bounceback in valuations.

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Baillie Gifford: Beyond the Headlines - Stock Stories in Asia


How do you find the most exciting growth companies in the Asia Pacific region? In this film Ewan Markson-Brown and Roderick Snell, managers of the Baillie Gifford Pacific Fund, discuss the key components that an exceptional growth company must exhibit and how they are upbeat for the prospects of the companies that display them.

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