Industry news and views from Panacea and our partners.
Investment Commentary_
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.
AXA IM: Pre-emptive vs Reactive
The early August equity market shock may already feel like a distant memory, but some key market metrics have changed over the summer.
Columbia Threadneedle Investments: What are central banks telling us about interest rates?
After Jackson Hole, markets are pricing in big rate cuts for the US. What are the risks of disappointment?
Orbis: The Secret to a Contrarian Investors Success
In this episode of "Merryn Talks Money," portfolio manager Alec Cutler covers current valuations, defence stocks, investing in the energy transition, and finding opportunities in the UK market.
AXA IM: US reaction: Powell speech getting into a hole?
Powell states disinflation confidence has grown and time has come for policy to adjust
Schroders: Public Enemy were right: dont believe the hype
In 13 of the past 18 years, not a single US stock which was a top 10 performer in one year also made the top 10 in the next. We examine the data which shows the perils of chasing past stock market winners.
Quilter Cheviot: MPS August Newsletter
July saw mixed returns across equities and other asset classes, as markets responded to soft economic data from the US.
Columbia Threadneedle Investments: Markets are pricing in bigger rate cuts, are they right?
Markets have moved to price-in more rate cuts for the US, UK and eurozone. Despite the commonality of the moves, the three economies are not moving in parallel.
PIMCO: Bonds Shine in Volatile Times
We explore how bonds are re-establishing their role as portfolio diversifiers in times of market volatility and central bank divergence.
Quilter Cheviot: Volatility Strikes Back!
Volatility is back so James and Jonathan thought it would be opportune to discuss what's been going on in markets in the last few weeks. So much for quiet August markets.
M&G Wealth: The dash to cash: Why it pays to think longer-term with your clients money
Many investors recently took advantage of attractive short-term investment rates. But as those products close or mature, and with interest rates and guarantees perhaps not as good as theyve been, your clients may be looking for anew home for their money. M&G Wealth can help you to support them to commit to long-term investing. If your clients are tempted by the dash to cash, here are five reasons to be invested.
BNY Mellon: Weighing up US munis versus Treasuries
Insight Investment weighs the investment pros and cons of US municipal bonds versus Treasuries.
BNY Mellon: French cheese, gunslingers, and reasons to be cheerful
Walter Scotts Roy Leckie looks at what might impact equity markets over the coming months.
BNY Mellon: Is Southern Europe facing an economic renaissance?
Insight Investment portfolio manager Hassiba Ait examines efforts to drive an improving regional economic picture in Southern Europe.
BNY Mellon: Is it time for UK corporate bonds to shine?
What persistent inflationary pressures and market volatility might mean for UK corporate bond markets.
BNY Mellon: Futureproofing multi-asset
Newton FutureLegacy portfolio manager Bhavin Shah explains why he thinks it is important for investors to keep pace with a changing investment landscape.
BNY Mellon: Weighing up the effect of weight-loss drugs
Ground-breaking anti-obesity drugs look set to be transformational for millions of individuals worldwide. Walter Scott investment managers Lindsay Scott and Max Skorniakov, and investment analyst Dr Oriana Beaumont investigate the potential consequences of anti-obesity drugs.
BNY Mellon: Shifting sands on rate expectations buoy bond markets
Why a shifting global interest rate environment is helping to support fixed income markets.
BNY Mellon: A trio of transformational themes
Newton mixed assets portfolio manager Simon Nichols considers three global investment themes he thinks could have a positive influence on multi-asset portfolios.
BNY Mellon: Fireside chat: achieving a natural income in retirement
There are different ways of targeting an income in retirement. Newtons Paul Flood considers the role of natural income when investing for life beyond work.
BNY Mellon: The merits of UK and European corporate debt
Insight Investment senior portfolio manager Damien Hill weighs up the UK, European and US credit markets, highlighting where he sees pockets of value.
BNY Mellon: Is natural income making a comeback?
Richard Parkin, head of retirement, explores some of the misconceptions around natural income and why it might be making a comeback.
BNY Mellon: Achieving a natural income in retirement
There are different ways of targeting an income in retirement. Newtons Paul Flood considers the role of natural income when investing for life beyond work.
Artemis: Does fund yield tell the full story?
The yield-to-worst figure that bond funds are obliged to present to investors is a blunt instrument that fails to capture the income or total return opportunities currently available in the high-yield market, according to Artemis David Ennett.
Artemis: UK equities: Why less changed than a brief sell-off implied
Profit-taking by hedge funds and a rate hike by the Bank of Japan have done little to fundamentally change the outlook for the UK economy and nothing to diminish the appeal of stocks exposed to UK consumer spending.
Artemis: Never mind the GRANOLAS, what about the CHEERIOS?
With Europes answer to the Magnificent Seven looking fully valued, Artemis chief investment officer Paras Anand offers an alternative acronym for breakfast-cereal lovers that he thinks investors might benefit from investigating.
LV= UK Equities then and now: is now the right time to invest at home?
In this webinar we are joined by our new asset management partner, BlackRock, to hear from Luke Chappell, Portfolio Manager and Head of UK and Global Equity team at BlackRock, who will give his insight into what this year will bring for UK equities.
LV= Investments for Humans - a more human approach to financial planning in retirement
This webinar explores how you can better support clients in the lead up to, and in, retirement in this one-hour webinar offering a host of insights and expert presentations from LV=, BlackRock and The Lang Cat.
Artemis: Why were not worried about portfolio holdings relisting in the US
Nick Shenton says he and the rest of the Artemis Income team dont fall in love with any of their holdings, which is why they would be unconcerned if any of them turned their back on their home market.
T. Rowe Price: South Korea value-up: Lessons from Japan
South Korea recently unveiled a Corporate Value-Up Program to boost domestic stock valuations, modeled after similar reforms in Japan.
Pictet: Barometer: summer slowdown
Equities have had a good start to the year, but the summer could be an opportune time to take some profits, with the rest of the year likely to bring weaker growth and fewer earnings beats.
Schroders: The data which can help you keep a cool investing head in a crisis
Four bite-sized pieces of research showing investors are best served not making decisions in the heat of the moment.
Pictet: 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.
Rathbones Asset Management - The Sharpe End podcast: Braking Bad
Trying to unpick some pretty extraordinary moves in global indices, the team discuss whats been going on.
Quilter Cheviot: Tesla shares slide as margins compress and 'robotaxi' delayed
Teslas second quarter results painted a challenging picture for the worlds largest electric vehicle maker.
Quilter Cheviot: Taking Stock - After The Bell: The Indian middle class and a Nifty market
The panel discuss the favourable demographics, solid macroeconomic backdrop and the strong performance and outlook for the Indian equity market.
Quilter Cheviot: Capital Gains Tax and MPS
The annual exempt amount (AEA) for capital gains tax has been halved for the 2024/25 tax year, completing a two-staged reduction that significantly diminishes its benefits.
Pictet: Emerging markets in the new world order
The world order of the second half of the 20th century is being turned on its head. The shift should be positive for emerging markets and thus investors in EM debt.
AXA IM: Falling into Place
The US economy is starting to struggle even if we think the softness in the latest payroll should not be overstated. The market is reacting hard, with in addition a fading Trump trade. The bad winds from America will matter of course for policy makers everywhere, making in particular the BOJs latest move even bolder.
Pictet: Barometer: Scaling back IT but still positive on stocks
Conditions remain favourable for equity markets overall but we trim exposure to tech stocks following their stellar run.