Industry news and views from Panacea and our partners.

Investment Commentary_

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AXA IM: Inflation has fallen to the sweet spot for equities, especially small caps.


Investors undoubtedly want to see the value of their assets grow over time, but many also want to generate a regular income. That could be from a savings account, or investing in stocks or bonds, for example – or a combination of all three.

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Schroders: The Value Perspective Podcast – with Sonja Laud


This time, we are joined by Sonja Laud, who is the CIO of Legal & General Investment Management (LGIM), where she leads all of the firm’s investment trading teams and sets its investment strategy with a special focus on leading its responsible investment efforts.

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Orbis: The unsung heroes of the energy system


Much like a theatre production where the crew backstage keeps the show running smoothly, today’s unsung heroes of the energy system—from turbine makers to cable makers —may just prove to be the real stars of the show.

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PIMCO: ECB: On a Quarterly Cutting Journey


While the European Central Bank did not precommit, the next cut is likely to be in December.

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Pictet: Barometer: Conditions favour Swiss and financial stocks


With interest rates set to fall further and the global economy heading for a soft landing, prospects for Swiss and financial stocks look bright.

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AXA IM: China reaction: Time is running out as growth slows across the board


Time is running out for China this year to achieve its growth targets, but also to avoid a more protracted slowdown.

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Columbia Threadneedle Investments: Interest rates are coming down – but how fast?


Rate cuts are coming but are markets too optimistic in their expectations?

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AXA IM: Taking the plunge: Switching from saving to investing


With interest rates no longer languishing at their prolonged lows, the higher income available from cash savings means many individuals are perhaps considering why they would risk their money in the stock market.

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Schroders: Video: what are the opportunities for investing in AI?


Our investment experts discuss the investment opportunities created by the technology and explore its potential applications across industries.

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M&G Investments: What does India’s benchmark inclusion mean for investors?


Following JP Morgan’s decision to include Indian Government bonds in its emerging market bond index, foreign investors have flocked to the market. We believe the move will act as a net positive for both India and the index, and bolsters the country’s improving economic outlook.

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Quilter Cheviot: Monthly Market Commentary - September 2024


Stock markets recovered from a bout of strong selling in early August to end the month slightly higher. A series of factors contributed to the market swoon, as corporate earnings from market leaders, central banks refraining from strong dovish shifts and a soft US job report weighed on market sentiment.

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Quilter Cheviot lowers fee for nominee MPS


Quilter Cheviot has announced it has lowered the charges for clients invested in the Managed Portfolio Service (MPS) via its own nominee arrangements. It also expands accessibility by being added to Aegon and Nucleus.

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M&G Wealth: Weekly market commentary


Look at the latest developments in investment markets with the weekly investment commentary from the M&G Treasury and Investment Office.

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M&G Investments: Japan: The butterfly effect


Japanese equities have just experienced one of their biggest ever drawdowns. Carl Vine, Co-Head of Asia Pacific Equities, examines the causes of this market volatility and the potential implications for investing in Japan’s stock market.

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Orbis: Are global equity markets shifting in our favour?


Last month we wrote about the Japanese yen—a major position for us that finally seems to be at a turning point. But the recent moves in stocks are worth a look, too. Global equity markets have been just as lively—and just as encouraging.

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Schroders: Our approach to engaging with sovereigns on sustainability issues


Engaging with sovereigns is part of our role as stewards of our clients’ assets. We explore the benefits of engagement, its scope, and the mechanisms we use.

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Schroders Equity Lens September 2024: your go-to guide to global equity markets


Inflation has fallen to the sweet spot for equities, especially small caps.

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Invesco: Bitesized bonds: catch up on fixed income in under three minutes


Each month brings a new, easily digestible instalment. Catch up on all things fixed income in under three minutes.

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Invesco: Stock market jitters and the case for a soft landing


Fears about the US economy rippled through the markets last week as recent data fell short of expectations. But the case for a relatively soft landing remains strong.

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Upfront: Baillie Gifford’s live investment show


Join hosts Cherry Reynard and Megan Rooney on 25 September for episode 8 of Upfront, as they chat with Baillie Gifford’s Head of Credit, Lesley Dunn, and have your questions answered live.

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T. Rowe Price: Ahead of the Curve: The San Andreas fault of finance shakes the markets


Thin summer liquidity conditions coupled with crowded leveraged positions across the market set the kindling for a potential market shock. And so in early August, all it took was a spark to ignite an extraordinary volatility shock. The Bank of Japan’s (BoJ) move to tighten monetary policy provided that catalyst.

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T. Rowe Price: The power of additionality: Blue bonds could boost sustainability


Issuance of sustainable debt has exploded over the past 10 years as many investors seek to allocate capital to sustainability efforts while pursuing investment returns. But the amount of annual investment required to achieve the United Nations Sustainable Development Goals (UN SDGs) continues to grow, while the time available to achieve them diminishes. The United Nations estimated in 2023 that an additional USD 4 trillion was needed reach its goals. This funding gap is especially acute in emerging markets countries.

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T. Rowe Price: How euro corporate bonds offer stability in volatile markets


The balance of stability and income potential supports the case for the asset class

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T. Rowe Price: US election and trade policy: What investors need to know


Deglobalization, support for U.S. industry, and competition with China—these touchstones are likely to inform trade policy no matter who wins the election.

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Now available: The latest edition of Rathbones Asset Management - 'In conversation'


Since Rathbones last video updates, markets have been buzzing with activity and significant developments, including political shifts, rate cuts and rotations.

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M&G Wealth: A distinct investment approach


For your Centralised Investment Proposition, for meeting regulations and for client suitability - consistency matters to your adviser business.

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Invesco: How will the market react when the Federal Reserve cuts interest rates?


The market’s reaction when the Federal Reserve dropped interest rates after the 1994-1995 tightening cycle could be a guide going forward.

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T. Rowe Price: Is now the time to consider an allocation to government bonds?


Fixed income has navigated a precarious two years, as policymakers and investors contended with multi-decade high inflation following the global economy’s emergence from a pandemic as well as war in Europe. Whilst the transition from a period of record low interest rates to more “normal” levels has been a turbulent one, investors now find themselves presented with potentially attractive and reliable income levels for the first time in over a decade. As of June 2024, the 10-year U.S. Treasury bond yield traded in the mid-4% range, whilst you can expect to pick up just shy of 5% within shorter segments of the U.S. Treasury curve. Similarly, the Euro Agg Treasury Index is yielding over 3%, the same level as 2011 and in stark contrast to the -0.3% investors endured during the pandemic.

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Mastering CV Writing: Crafting an Exceptional Professional Summary


There's been ongoing debate among recruiters about the usefulness of a Personal Profile on a CV writes Matt Craven of PH Career Services. This debate arises because many job seekers populate their personal profiles with irrelevant or overly used phrases that don't add real value.

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Schroders: Five market-moving sustainability risks with potential to impact now


Financial markets tend to view climate-related risks as long-term. But there are several factors that can impact portfolios within the coming few years – even months.

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Columbia Threadneedle Investments: CT Responsible Global Equity Strategy 2023 Responsible Profile


Learn how we engage to understand and encourage improvement in companies’ management practices of ESG issues.

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Pictet: The Klosters Forum: Financing the transition towards sustainable and resilient cities


The pressing challenge of urbanisation takes the centre stage in this year’s forum where participants emphasise the need for collaborative efforts, innovative financing and transformative approaches.

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Wizard Learning: CII Exam Pass Rates: Encouraging Success through Preparation


Achieving success in CII exams requires more than just traditional study methods. Utilising additional study tools can make a significant difference. Wizard Learning offers a variety of resources to help you prepare effectively.

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Pictet: Barometer: Energy transition in EM: accelerating change


Emerging economies may have lagged their developed peers in reducing fossil fuel use. But there are benefits to being a later mover.

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AXA IM: Calculate allowance availability and usage based on contributions and withdrawals taken.


August’s volatility spike has not proved serious enough to derail markets’ robust year-to-date performance.

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M&G Wealth: LSA/LSDBA Modeller


Calculate allowance availability and usage based on contributions and withdrawals taken.

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PIMCO: China's Growth Evolution: Opportunities and Challenges for the Global Economy


China's economic transformation presents both challenges and opportunities for global markets.

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M&G Wealth: How to segment your clients


Under Consumer Duty, evidencing how you meet your clients' needs is key. But developing an approach takes time. Use the actionable guide by M&G Platform to build your framework.

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Columbia Threadneedle Investments: Is the Fed on the cusp of cutting rates? Definitely, Maybe


What did you miss in financial markets during the summer holidays? A very busy period, and some significant market volatility on worries over the US labour market.

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AXA IM: Well balanced and smooth


The prevailing narrative remains one of impending global interest rate cuts and the avoidance of recession.

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