Industry news and views from Panacea and our partners.
Investment Commentary_
Orbis Global Equity
In past quarters we have observed the dominance of the so-called Magnificent Seven stocks. For the most part, we havent owned thembut we do hold Alphabet.
Pictet: Premium brands: travel moves upmarket
The shape of travel is shifting. The offering is moving increasingly upmarket, in part to capture the business travellers who are tacking on days of leisure to their trips.
Schroders: Our multi-asset investment views - June 2024
We have upgraded our view on global emerging market equities to positive, but downgraded our view on UK, European, and Japanese equities to neutral. Find out more about our views on a range of asset classes here.
Quilter Cheviot: Climate Assets monthly update: Is health the new wealth?
As we look ahead, lower interest rates and a broadening out of market returns could propel sustainable investments forward.
Pictet: Responsible investment report highlights
2023 was a turbulent year, marked by a challenging economic environment, heightened geopolitical tensions, the vertiginous rise of AI, and the deepening impacts of climate change and biodiversity loss. At Pictet Asset Management, we reaffirm our unwavering commitment to responsible investment. We firmly believe that finance has a pivotal role to play in addressing some of the worlds most pressing challenges to help achieve sustainable development.
AXA IM: One Week at a Time
The far-right came out a clear first, and Macrons alliance a distant third, from the first round of the French elections, but RN fared 2 to 3 points below what some of the latest polls were suggesting.
LV= Adam Ruddle - Macro market outlook Q1 2024
Our Chief Investment Officer, Adam Ruddle, recently sat down to look back over the big questions facing investors at the beginning of the year, and where we are now. Watch what he had to say.
Invesco: Monthly Market Roundup cov. May 2024
In our Monthly market roundup for May, Invesco experts give a rundown on a positive month for global equity markets, as well as an update on fixed income markets.
Invesco: Our 2024 investment outlook
The economic battle between the resilience of growth and the stickiness of inflation will be front and centre in 2024. Read more here to find out how we believe it will play out.
T. Rowe Price: Summary with Investment Specialist Ritu Vohora
Investment Specialist, Capital Markets, Ritu Vohora, summarises some of the key themes that will be discussed during the 2024 Global Market Outlook Midyear Update webinar on Wednesday 19th June.
T. Rowe Price: How central bank policy could impact your portfolio
In the six months since we published our 2024 Global Market Outlook, the market environment has changed in many ways. Consensus expectations for central bank policy, in particular, are markedly different. Prices of interest rate futures reflect expectations for far fewer interest rate cuts from global central banks than seemed likely in December 2023. Equity and fixed income markets are readjusting accordingly.
Artemis: The brands testing their customers wallets and patience
Mainstream consumer names have noticed their traditional customer base is seeking out value-for-money alternatives to their established brands. Artemis Fund Manager, Swetha Ramachandran, says that in many cases, they only have themselves to blame.
Rathbones Asset Management - The Sharpe End podcast: Quantum Leap
Inflation is on our agenda but not quite in the way you might expect. We discuss the outlook for inflation in the longer term and consider how some big structural changes could shift perceptions on whats a normal rate of inflation.
AXA IM: Postcards from Japan
The Japanese economy is showing signs of improvement after several years of sluggish growth. Combined with market reforms intended to create a more shareholder-friendly equity culture and attractive valuations, this could be a good time to invest in Japan.
AXA IM: New standards and frameworks arm investors in the battle against biodiversity loss
The global pledge to halt and reverse biodiversity loss known as the Kunming-Montreal Global Biodiversity Framework (GBF) is helping to shape and accelerate government policy as well as corporate and investor action in terms of protecting the natural world.
Pictet: Climate risk disclosures: the making of a green gold standard
Corporate climate risk disclosure rules are about to get stricter and more complex. But benefits of a harmonised global framework may actually outweigh the cost.
Schroders: CONTEXT: a stakeholder analysis framework to inform investor decision-making
Our CONTEXT research model offers a consistent and robust approach for assessing environmental, social and governance issues.
BNY Mellon: Asias changing income story
Newton portfolio manager Zoe Kan assesses a shifting investment landscape in Asia one that looks towards a more income-oriented approach to the region.
Schroders: Gold: a quiet beneficiary of the 3D Reset
Shifts in geopolitical and fiscal trends set the scene for sustained demand for gold, and gold miners may be poised for a major recovery.
Pictet: Credit's turn to shine
From attractive yields to strong fundamentals, our analysis shows that credit markets have the potential to outperform.
Schroders: ECB starts to ease, but how far can interest rates fall?
While back-to-back cuts are unlikely there is plenty of room for the European Central Bank to surprise cautious investors.
M&G Wealth: Emerging market debt, an investment strategy for your clients?
The Model Portfolio Service team explain why holding the asset class in investment portfolios may be an attractive strategy.
Columbia Threadneedle Investments: Multi-Manager Peoples Perspectives - A reminder not to be guided by opinion polls
A busy fortnight in global politics, with elections in South Africa, Mexico and India all delivering the expected winners, but still moving markets thanks to the nuances in the results.
AXA IM: Fast-Forwarding
The historical parties of government still retain their majority in the European parliament, despite the gains from the far right, which given their long tradition of cooperation should prevent any radical policy shift in Brussels.
Schroders: The Value Perspective Podcast with Dan Mikulskis 2.0
Welcome to the latest episode of Allocators Edge, a TVP miniseries where we talk to the worlds top capital allocators.
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.
AXA IM: Calm or cool Britannia?
Markets dont have much to go on regarding Labours economic policies but are likely to take the view that a change from the policy chaos of recent years is welcome.
BNY Mellon: The retirement landscape: boomers versus Gen X
It has become a cliché to label baby boomers as a charmed generation, but their retirement fortunes are certainly more straightforward, than the generation that succeeds them.
BNY Mellon: European champions
A big summer of sport and entertainment is set to showcase not just a host of global superstars but also some of Europes leading companies.
Quilter Cheviot: Taking Stock - After The Bell: Do Elections Even Matter?
Its been a positive start to the year for investors and we talk through some of the moving parts and drivers.
Orbis: New rules for a new worldWhere are the real opportunities going forward?
In this roundtable, filmed at Citywire HQ in partnership with Orbis Investments, UK wealth managers discuss where theyre finding opportunities in a higher interest rate and inflationary environment.
Columbia Threadneedle Investments: Multi-Manager Peoples Perspectives US inflation data still not compatible with interest rate cuts
It has been a busy fortnight with the economic data, and market mood dominated by the US inflation data.
Pictet: The global pledge to halt and reverse biodiversity loss is helping to shape and accelerate government policy as well as corporate and investor action in terms of protecting the natural world.
2023 was a turbulent year, marked by a challenging economic environment, heightened geopolitical tensions, the vertiginous rise of AI, and the deepening impacts of climate change and biodiversity loss.
Quilter Cheviot: Climate Assets monthly update: Pioneering sustainability
Knepp in Sussex has been a pioneer in UK rewilding turning fields back to nature from 2001.
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.
BNY Mellon: A change in equity market leadership?
Newton portfolio manager Jon Bell assesses the potential fate of income stocks in an investment landscape no longer characterised by free money.
M&G Wealth: IHT Planning using Gift, Loan and Discounted Gift Trusts
Thursday 20 June - 10am. This webinar looks at the current IHT landscape and how Gift Trusts, Loan Trusts and Discounted Gift Trusts can help overcome the key objections to IHT planning.
BNY Mellon: Taking the fear out of high yield debt investment
Rising yields and improving credit quality may present investors with some compelling reasons to consider short-dated high yield debt.
Quilter Cheviot: 6 useful tips to help finance long term healthcare
Health truly is wealth. But what happens when we need extra help in our later years?
Pictet: Barometer: Staying overweight equities as world economy avoids slowdown
Prospects for the world economy have improved and interest rates are about to fall. That's a positive backdrop for stock markets in the near term.