Industry news and views from Panacea and our partners.
Investment Commentary_
AXA IM: France: political uncertainty to persist
The left alliance NFP secured c. 180 seats in the National Assembly still far from the majority threshold the centrist Ensemble came second with c. 168 and the far-right RN third with just 143, well below poll projections.
Columbia Threadneedle Investments: The expectations game
With a new government explicitly focusing on growth, expect many a gloomy prognosis of the UK economy to change. So which assets stand to benefit?
Schroders: Opportunities for Income Investors: Going Beyond Cash
Our latest research paper provides an in-depth analysis of cash vs other assets in the context of higher interest rates, drawing on data to explore alternative asset classes that could complement cash and why these considerations are important now.
Orbis: Is this an inflection point for the yen?
With the Japanese yen having recently been at its weakest level for around 60 years, and the US dollar looking overvalued, have we reached a turning point?
Invesco: Competing forces in the high yield bond market
Rhys Davies, fund manager, explores why his fund's exposure to B-rated and lower bonds is at historic lows, citing good yields in higher rated bonds and the risks with lower credit bonds.
Invesco: The big headlines Q2
In this regular piece, we summarise the key headlines from the quarter that have impacted investment performance. Feel free to download and share it directly with your clients or read our interpretation for further commentary.
Pictet: Looking at the bright side of life
Dr. Hannah Ritchie, senior researcher at Oxford University and author of 'Not the End of the World' explains why the world is in better shape than many people think.
Columbia Threadneedle Investments: Human capital supply: the impact of demographic transition on investments
Working populations are in decline, with the demographic dividend that has supported economic growth in many developed markets under threat. This will have a direct impact on the firms in which we invest.
AXA IM: Major awareness gap revealed as research finds only a third of UK retail investors have heard of responsible investing or ESG
Only a third of UK investors have heard the term responsible investing or ESG, according to research by AXA IM Select. In findings that expose a major awareness gap in the UK, just 33% of respondents in the survey of 840 investors had heard of responsible investing, and only 32% of ESG.
Schroders: CIO Lens Q3 2024: Latest views from our experts on asset allocation and sustainability
Johanna Kyrklund discusses the importance of focusing on fundamentals, Nils Rode provides his latest views on private markets and Andy Howard reflects on changes in sentiment towards sustainable investing
Pictet: The clean energy grid
A greener planet needs a lot more electricity and from clean sources. To achieve that, we need a smarter power grid.
Baillie Gifford Positive Change Fund: Impact Report
In this seventh annual impact report, we show how the companies we invest in are addressing some of the worlds biggest challenges across our four impact themes: Social Inclusion and Education, Environment and Resource Needs, Healthcare and Quality of Life, and Base of the Pyramid.
T. Rowe Price: Ahead of the Curve Shadow banking system creates a trickier path for the Fed
During our fixed income policy week discussions, participants examine dozens of charts that our portfolio managers, analysts, and economists present on an array of market topics.
T. Rowe Price: Active investing is suited to the uncertain markets ahead
Decades of growth in passive investing reached a milestone at the end of 2023 when U.S. passive mutual funds and exchange-traded funds (ETFs) held slightly more assets than active funds for the first time.
T. Rowe Price: Are US smaller companies set to shine? Identifying the catalysts for a positive rerating
A great deal of ink has been dedicated to explaining how, for more than a decade, the performance of the U.S. equity market has been dominated by a small group of mega?cap, growth?oriented companies.
T. Rowe Price: Beyond tech: harnessing AIs potential for innovation and growth
Beyond the technology sector, how is artificial intelligence being used in broader market areas? Host Jennifer Martin and guests discuss within the context of the basic resources and real estate sectors, respectively.
T. Rowe Price: Will AI power up or slow down sustainable development?
AI can play an important role in sustainable development, but also poses some unique risks. Host Jennifer Martin is joined by Maria Elena Drew, Director of Research for Responsible Investing, to discuss the key challenges.
T. Rowe Price: Unleashing the power of AI in investment research
How could asset managers use AI to boost and refine investment research? Host Jennifer Martin is joined by Jordan Vinarub, head of our Tech Development Center, and Jay Nogueira, Director of Equity Research.
Scottish Mortgage manager insights: Lawrence Burns
Deputy manager Lawrence Burns discusses how various companies within the Scottish Mortgage portfolio are harnessing the power and potential of artificial intelligence. Capital at risk.
Pictet: Stock picking within a top-down framework
Upon winning the UCITS Hedge Awards for Best Performing Fund in 2023 and Best Performing Fund over five years in the Equity Long/Short (Global) Discretionary category, the Pictet TR Atlas strategy gets the spotlight in an editorial piece by the Hedge Fund Journal.
Columbia Threadneedle Investments: On your bike - Shimano and cycling
From gearing up Tour de France contenders to a growing e-bike market, Shimano looks well placed.
M&G Wealth: Paraplanners' Assembly 2024: Death. Trusts. and Paraplanners.
Watch on demand: Working out what to do with your clients wealth after their death is all part of a paraplanners life. But settling on the best strategy can be complex especially when missing a vital detail can have costly consequences.
Quilter Cheviot: Taking Stock - The ballot box breakdown
A look at the recent UK general election result from an economic perspective from Jonathan Raymond, Investment Manager at Quilter Cheviot.
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.
Quilter Cheviot: Taking Stock - After The Bell: All hail the UK Dullness Dividend
The panel discuss inflation, how the economy is doing and the discount and opportunity in UK equities.
Schroders: A snapshot of the world economy in July 2024
We look at the economic risks of global warming, how climate action might adapt to geopolitical changes and explore the market implications of the UK general election.
AXA IM: Why greenium may no longer be a source of worry
Historically, greenium was a noticeable factor in pricing green bonds. Listen to Johann Plé explain we believe greenium is no longer the influence it once was.
Invesco: A look at the first 100 days of the new Labour government
Labour Party has won the UK general election, securing 412 seats. Michael O'Shea looks at Labour's first 100 days in government, covering the milestones and expected policy changes.
Artemis: UK equities: key questions for income investors
Andy Marsh, co-manager of the Artemis Income Fund, addresses some of the key questions facing UK equity income investors and explains how he and his co-managers are reflecting these in their management of the fund.
Artemis: Four reasons not to own high yield and why they miss the mark
Jack Holmes says misconceptions about the high-yield bond market have opened a huge opportunity for investors who are willing to look at areas that others simply avoid.
Artemis: Taylor Swift, Harry Kane or Keir Starmer: Who will be most important for UK investors this summer?
The general election may be dominating headlines in the financial pages, but Ed Legget says it is likely to have little impact on the UK market in the long term while in the short term, economic stimulus is likely to come from other sources.
Schroders: Post-election insights: What the 2024 UK General Election means for financial services
UK voters have spoken. We have a new government and a very different looking Parliament.
Rathbones: Things can only get better for uk equities
Labour will form the next government in the UK. While it may take time, new ideas could help solve the nations long-standing lack of investment and help boost the stock market from its doldrums, argues Rathbone Income Fund Manager Alan Dobbie.
Baillie Gifford: Upfront: Episode 7
Growth vs value - have the lines become blurred? Catch up on the latest conversation which includes a Q&A with Monks Investment Trust manager Spencer Adair and find out how quantum computing could be a superpower to rival AI.
Invesco: UK Labour party: Four things a Sir Keir Starmer win will need to contend with
We look at the top things to know about a future UK Labour government - the challenges, and the policies. Find out more.
Columbia Threadneedle Investments: A fine time to lock in higher bond yields
Over the past three or so years index yields have risen from 1.5% to 5.7%, and with expectations that central banks will soon cut rates there is 'value' in locking in this level of income.
AXA IM: Multi-Asset Investments Views: Out of Breath for Lack of Breadth
Taking profit on global equities, back to our long-term exposure After a great run in the first half of 2024, we are mindful of the Goldilocks narrative becoming almost unanimous and therefore at risk of any negative surprise
Quilter Cheviot: My home is my pension?
When it comes to retirement, many people are tempted to simply rely on their house. After all, a house is often your most valuable single asset, with property accounting for 35% of total household wealth in the UK.
Pictet: Brand innovation: not tech, but design
Most think of innovation in terms of technology. But with premium brands, the innovation that matters most is design.
M&G: Trusts Created on Death
18th July 2024 10 a.m. In this session Neil Macleod and Barrie Dawson, Senior Technical Managers at M&G Wealth, look at how to identify the type of trust you are advising on and what factors should be taken into account for different cases.