Industry news and views from Panacea and our partners.
Investment Commentary_
AXA IM: Three key net zero investment opportunities
Investors aiming to allocate capital to help support net zero objectives, can consider two broad ways to do this within equities and fixed income.
Pictet: European real estate: a selective recovery
European real estate should benefit from attractive valuations and falling interest rates. But not all buildings will do equally well. Where are the best opportunities and how can we maximise them with active management?
Quilter Cheviot: Taking Stock - After The Bell: The Budget and the Missing AirPod
Financial Planner Megan Rimmer joins us to delve into the detail of the recent changes to the pensions landscape in particular at the recent budget.
M&G Wealth: Weekly market commentary - available now
The weekly market commentary from the investment experts at M&G Treasury & Investment office is now available for you to read and theres also a customer-friendly version to share directly with your clients.
T.Rowe Price: U.S. exceptionalism has not run out of steam
The ingredients are present for another year of robust growth in the U.S. In recent years, healthy expansion in the U.S. has spilled over to the rest of the world, helping offset the softness in Europe and China. We expect this to continue in 2025.
T.Rowe Price: Value and small-caps could power international equities
The extent to which the inflation and interest rate shocks of 2022 are reshaping the dynamics of international (ex U.S.) equities should become clearer in 2025. We expect there to be more evidence of a broadening opportunity set that favors international stock marketsand, within them, value and small?cap stocks and countries such as Japan and South Korea.
T.Rowe Price: Finding income in high yield bonds, bank loans, and emerging markets
Despite the U.S. Federal Reserve starting its monetary easing cycle in September, yields could move higher if the central bank does not cut as deeply as markets expect. High yield bonds and bank loans remain the two fixed income sectors with the most potential to generate meaningful income in 2025, while emerging market bonds also present solid income opportunities.
T.Rowe Price: Radical innovations revealing real prospects in health care
Health care stocks have struggled since the pandemic amid rising costs and falling revenues, but a wave of innovation is transforming the sectors prospects.
T.Rowe Price: Why its time to consider moving out of cash and into fixed income
It is time for investors to consider stepping out of cash as rates are expected to fall with the Federal Reserve now in an interest rate cutting cycle.
T.Rowe Price: Webinar: Structured Research Equity Analyst Spotlight
11th December, 3pm One of the enduring strengths of our Structured Research Equity strategies is that they provide access to the thinking and insights of our deep research expertise in its purest form. Our Analyst Spotlight webinar allows you to hear directly from these analysts.
J.P. Morgan Asset Management: Why Alternatives?
There are four ways in which the world is changing that, in our view, challenge the risk-adjusted returns investors might achieve by allocating solely to public market assets. These changes are modestly higher unanticipated inflation, bouts of cost-push inflation, the changing structure of capital markets and the energy transition.
J.P. Morgan Asset Management: Potential Republican sweep sends markets higher, but policy uncertainty looms
The equity market reaction has focused on the prospects of pro-growth policies and deregulation, overshadowing the risks of tariffs and rising deficits.
J.P. Morgan Asset Management: The tides are finally turning for fixed income
Inflation and labour markets have remained stubborn for some time, causing many major central banks to delay the start of their monetary easing cycles. However, there are signs that these key measures are beginning to ease, which paves the way for fixed income markets to deliver attractive risk-adjusted returns. We believe a strategy with an active approach to investing across the global fixed income spectrum is best placed to capitalise on the opportunities that could emerge as the tide turns for the asset class.
Get the active advantage with J.P. Morgan Asset Management
Quite simply, in a world characterised by distorted markets and index inefficiencies, skilled active managers have a wealth of opportunities to generate excess returns.
J.P. Morgan Asset Management: Investment Outlook 2025
Our Investment Outlook covers all the big issues facing investors, from US economic policy and AI investing, to portfolio diversification, Chinese stimulus and European equity valuations.
Scottish Mortgage: manager review
Manager Tom Slater shares highlights, challenges, and explains how the portfolio is well-positioned to take advantage of investment opportunities in the decades ahead. Capital at risk.
How Artemis fund managers are investing post-Budget
There has been plenty of negative reaction from businesses to Labours first Budget in 14 years. But it wasnt bad for every area of the market some sectors may even stand to benefit.
Artemis: Emerging markets: key questions from investors
Chinese stimulus has sparked renewed interest in emerging markets. Raheel Altaf, manager of the Artemis SmartGARP Global Emerging Markets Equity Fund, addresses some key questions.
Artemis: Hiding in plain sight US smaller companies
While the giant US tech stocks have dominated returns over recent years, the shares of smaller US companies have languished and are now trading at a discount to larger companies. We believe this represents a very attractive entry point to one of the worlds most vibrant economies.
Artemis: Low risk, high reward: A simple case for short-dated, investment-grade bonds
Stephen Snowden explains why the balance between risk and reward in the short-dated investment-grade bond market today is so compelling.
The Lang Cat: Advised platform outflows fall after two years of increases
Gross sales across advised platforms rose a modest 1.83% on the previous quarter, but total £57.28bn for 2024 YTD, up nearly £10bn on the same period in 2023 (Q3 2023 YTD £47.35bn). Outflows from advised platforms fell in Q3 2024 from £16.30bn in Q2 2024 to £16.19bn (-0.64%), halting eight quarters of consecutive rises. With gross sales up and outflows down, net sales are £3.10bn, a 17.04% increase on the previous quarter and 70.03% on the previous year.
Post-Budget and US election is it time to invest again?
Investors have been carefully watching two high-profile events the US Presidential Election and the UK Autumn Budget. Some may even have sold some investments. Now that both events have happened, Fidelity Ed Monk examines how asset prices responded, which stock markets look cheap and which dont.
T.Rowe Price: Diversified Income Bond Fund: The value of a multi-sector diversified income approach
While the global economy has remained resilient this year so far, diverging central bank and fiscal policies should keep interest rate volatility elevated. We believe now is the time to generate high income through a diversified global approach with strong security selection.
Rathbones Asset Management - In The KNOW blog: Bearing with companies in sticky situations
It doesnt take much for a misunderstanding to spiral out of control just ask Paddington Bear, whos going through a third ordeal on the big screen right now! Rathbones Asset Managements engagement analyst, Jenny Twigg, explains how listening before judging can make all the difference.
Live Q&A on the Baillie Gifford American Fund
Join hosts Cherry Reynard and Megan Rooney on 4 December for episode 9 of Upfront, Baillie Giffords live investment show. Packed with up-to-date topical insights and a live Q&A with Gary Robinson, manager of the American Fund.
Webinar: Certainty returns to UK small caps will inflows be next?
Register to hear from Mark Niznik and Will Tamworth, managers of the Artemis UK Smaller Companies Fund, on Wednesday 20 November 10am as they discuss the case for UK smaller companies and their bottom-up approach, which involves meeting 300 to 500 companies every year to hunt down the businesses worth investing in.
Register now: Rathbones Asset Management Fixed Income Webcast Bryn Jones 20-Year Anniversary
Rathbones Asset Management is delighted to invite you to their upcoming webcast on Tuesday 3 December at 10.00am (GMT) as Bryn Jones, Head of Fixed Income, celebrates his 20-Year Anniversary.
Webinar: Artemis US equities
With the election out of the way, join Cormac Weldon and Olivia Micklem on Tuesday 26 November 10am,as they discuss their approach to running the high-conviction Artemis US Select and US Smaller Companies funds. The teams flexible and pragmatic approach to stock-picking has delivered returns across the market cycle, with both funds celebrating their 10-year milestones this year.
Scottish Mortgage: Quarterly Data Pack
Access the latest data-led analysis on the Scottish mortgage portfolio, including updates on performance, private companies and recent transactions. Capital at risk.
M&G Wealth: M&G Wealth: Weekly market commentary - available now
The weekly market commentary from the investment experts at M&G Treasury & Investment office is now available for you to read and theres also a customer-friendly version to share directly with your clients.
JP Morgan: Weekly Bond Bulletin
Each week J.P. Morgan Asset Management's Global Fixed Income, Currency and Commodities group reviews key issues for bond investors through the lens of its common Fundamental, Quantitative Valuation and Technical (FQT) research framework.
JP Morgan: The Weekly Brief
Global Market Strategy & Insights from J.P. Morgan Asset Management
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.
Schroders: Long-term investors in todays world: how family offices stand out
This year's Schroders Global Investor Insights Survey reveals that family offices are embracing opportunities in private assets as they navigate market volatility.
M&G Wealth: Weekly market commentary - available now
The weekly market commentary from the investment experts at M&G Treasury & Investment office is now available for you to read and theres also a customer-friendly version to share directly with your clients.
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.
Orbis: Seeking value, not votes
With half the world facing elections this year, are investors being distracted by short-term noise and overlooking potential international opportunities?
AXA IM: US stocks hit new record as Trump elected US President and Fed cuts interest rates
US stocks soared as Donald Trump was elected US President, and the Federal Reserve (Fed) cut interest rates for the second time in a row.
JP Morgan: Weekly Bond Bulletin
Each week J.P. Morgan Asset Management's Global Fixed Income, Currency and Commodities group reviews key issues for bond investors through the lens of its common Fundamental, Quantitative Valuation and Technical (FQT) research framework.
Pictet: Playing the other Trump card
Donald Trump's election victory is likely to be significant for fixed income investors worldwide. But quite how significant depends on which version of Trump we get.