Industry news and views from Panacea and our partners.
Investment Commentary_
Artemis: Where to find crisis valuations without the crisis
Jack Holmes, manager of the Artemis Funds (Lux) Global High Yield Bond Fund, says there are occasions when not only is the market inefficient, but it throws up opportunities that simply defy logic.
Invesco: The big headlines of quarter 1 2024
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.
LV= Working together: A new asset management partnership for LV= (Smoothed Managed Funds quarterly investment update)
After an extensive review process and a diligent transition period, BlackRock is now the primary asset management partner of LVs Smoothed Managed Funds.
LV= Investments for humans (CPD event)
Join LV= and their new primary asset management partner, BlackRock, alongside speakers from The Lang Cat to delve into a more human approach to retirement planning.
Wizard Learning: R0 Top Tips
Read Wizard Learning's Top Tips for success which aim to help you get the best out of your study time and help improve your chances of passing this regulation qualification first time.
Pictet: Hedge funds: in search of alpha
Following a period of policy uncertainty, the path for global interest rates is now relatively clear. We believe thats good news for alpha generation and particularly for hedge funds.
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.
Quilter Cheviot: Death in Service: How to Avoid Tax Charges on Your Beneficiaries
Are employees at risk of breaching their new pension lump sum death benefit allowance (LSDBA) because of their Death in Service benefits at work?
CURA: Practical Protection Podcast - Hypertrophic Cardiomyopathy
HCM is a heart condition that affects approximately 1 in 500 people in the UK and it can potentially be a higher risk for a life insurance claim.
PIMCO: Voluntary recycled plastic goals haven't really worked, but markets representing 30% of global GDP now have firm targets. How will companies and investors cope?
Despite its cyclical and secular challenges, we believe Europe is a good diversifier for duration in global portfolios.
AXA IM: Smart cities: A tech-driven future with stakeholder potential
Nearly 90% of the US population will live in urban areas by 2050.1 Smart cities, and the technologies behind them, could deliver an optimised urban future as well as potential returns for todays investors.
Columbia Threadneedle Investments: In search of sustainability following Highway 101
Travelling down the US west coast we met 25 companies in five days. Learn more about the tech and healthcare businesses shaping our future.
Pictet: Tailoring the Taylor Rule for a clearer steer on rates
What will happen to interest rates this year? Weve developed a modified version of the Taylor Rule which might have the answers.
PIMCO: Persistent Inflation Pressures Could Delay Fed Action
The March U.S. inflation report and other macro data will likely prompt a change in the Federal Reserves trajectory in 2024.
Orbis: New rules for a new worldThe real risks are out there now
In this roundtable,our panellists discuss the risks in the current market environment and why investors need to be genuinely diversified to navigate an era of higher interest rates, elevated inflation, and slower economic growth.
Columbia Threadneedle Investments: Is the US economy running too hot to allow the Fed to cut rates?
It has been a tougher week for equities and bonds, particularly in the US, as economic data once again weakens the narrative around interest rate cuts being just around the corner.
Columbia Threadneedle Investments: Yet more reasons for the US not to cut interest rates
It has been another difficult week in financial markets as investors continue to reassess the trajectory for interest rates, in the US in particular.
Baillie Gifford on high-calibre emerging markets companies
From TSMC to Reliance Industries why this is a promising time to invest in world-class emerging markets firms.
Artemis: Why increasing share buybacks are a positive signal for UK equities
UK equities may be out of favour with global asset allocators, but there is one set of investors who are snapping them up at a rate rarely, if ever, seen before.
Artemis: Have you spotted the moonwalking bear of high-yield debt?
Its easy to miss something youre not looking for. Artemis Jack Holmes thinks this is why many of the largest asset managers have failed to notice the value towards the lower end of the high-yield market.
Baillie Gifford American Fund webinar: where to next?
Fraser Thompson, Investment Specialist Director, and Gary Robinson, Investment Manager and Partner, discuss the future of US growth investing and how they seek out companies that are positioning themselves for years of rewarding growth.
Why Scottish Mortgage favours founder-led companies
Companies led by their creators offer big advantages for long-term investors: an inspirational vision plus the ability to push through radical change. Tom Slater, manager of Scottish Mortgage Investment Trust explains their edge.
Register now: Rathbones Asset Management Multi-Asset Webcast
Rathbones Asset Management is delighted to invite you to their upcoming webcast on 24 April at 10.00am with David Coombs, Head of Multi-Asset Investments.
Baillie Gifford: Investing in UK water: money down the drain?
Despite the headlines, not all UK water companies share the same challenges, creating opportunities for discerning investors to pick up attractive assets at undemanding valuations. Setting a runway for long-term growth. Baillie Giffords Gemma Wright explains more.
Rathbones Asset Management - In The KNOW blog: Power to the people
Making our economies cleaner requires a complete overhaul of how we produce energy. Yet how we transmit, store and conserve that power is equally important, argues Rathbones Asset Managements sustainable multi-asset investment specialist Rahab Paracha.
T. Rowe Price: The US economy has defied recessionary fears. What now?
An economic soft landing is undoubtedly positive, but there are reasons to be cautious
Artemis: How to maximise the risk/reward trade-off in US tech
Vital components used in consumer electronics and internet infrastructure could soon be in short supply, but demand could be about to rise. Will Warren, Artemis US equity manager, reveals how the team are playing this imbalance in their portfolios.
Artemis: What electric cars tell us about emerging markets
Historically, investors would access China through Western companies. Now, we are seeing the rise of domestic brands across a wide variety of industries, including electric vehicles. Raheel Altaf, emerging markets fund manager, explains why this should encourage investors who have not invested in emerging markets for some time to reconsider potentially outdated perceptions of the opportunity set in this arena.
Artemis: Are leading brands about to have their Taylor Swift moment?
The stars fans are expected to generate $5 billion in consumer spending across the duration of her Eras tour. But this impact is likely to be dwarfed by a return to pre-pandemic travel trends among a more highly valued demographic.
Artemis Why have markets been so resilient?
Challenging macro conditions havent got in the way of a recent equity rally. Paras Anand, Chief Investment Officer at Artemis, reveals what has been propping up the market and why the picture can continue to improve.
Why we renamed the Artemis Target Return Bond Fund
Short-dated bond funds can provide a more attractive option to money market funds when interest rates begin to fall.
T. Rowe Price: How aquatic alliances work to support ocean sustainability
The worlds oceans serve critical functions for communities, economies, and ecosystems. But this precious resource faces daunting challenges from climate-related risks, pollution, and overuse. Sustainable development and conservation efforts to combat these challenges are vital. In this special edition, host Nick Trueman is joined by guests from the National Aquarium in Baltimore. John Racanelli (Chief Executive Officer) and Jenn Driban (Chief Mission Officer) discuss the importance of connecting people with water and their vision for a global community of hopeful conservationists.
T. Rowe Price: Vietnam: Asias next frontier tiger
Vietnamese stocks appear cheap despite a cyclical recovery, an expanding consumer economy, and a looming upgrade to emerging market status.
BNY Mellon: AI equity impact: already irrational?
Speculation on the influence of artificial intelligence (AI) pervades every corner today. Few industries seem untethered from its potential impact, likewise global productivity. BNY Mellons Global Economics and Investment Analysis (GEIA) team outlines its view on the economic implications of the new technology wave.
Invesco: Finding victories in a confusing first quarter for global markets
Central bank speak caused confusion and led to some first-quarter market swings, but global markets experienced some little victories that may have been easy to overlook.
Columbia Threadneedle Investments: The first cut is the easiest
With real rates rising as inflation falls, we explain why central banks should consider cutting interest rates soon.
Orbis OEIC Global Cautious
There are three good examples in the Global Cautious portfolio today: Drax, Navient, and Burford Capital.
Cura: Practical Protection Podcast - Anitphospholipid Syndrome
This time we are focusing on Antiphospholipid syndrome (APS). This is an autoimmune condition that increases the chance of someone developing blood clots.
Schroders: Our Multi-Asset Investment Views - March 2024
We remain positive on equities, continuing to prefer a broader exposure globally as valuations outside the US look more attractive. Find out more about our views on a range of asset classes here.
Schroders: Our Multi-Asset Investment Views - March 2024
We remain positive on equities, continuing to prefer a broader exposure globally as valuations outside the US look more attractive. Find out more about our views on a range of asset classes here.