Industry news and views from Panacea and our partners.

Investment Commentary_

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Artemis: How India went from sleeping giant to superpower in 10 years


Natasha Ebtehadj, global equities fund manager, says that by investing billions of dollars in infrastructure, digitalising its finance system and reducing bureaucracy, India has overtaken China as investors’ favourite emerging market. But with valuations looking stretched, what is the best way to approach it?

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Artemis: The companies using Hadrian’s Wall as a barrier to entry


Swetha Ramachandran of the Artemis Funds (Lux) – Leading Consumer Brands Fund says onerous rules around which whisky is allowed to call itself ‘Scotch’ ensure established producers won’t be undercut by competitors who scrimp on costs or shift production to regions where labour is cheap.

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Scottish Mortgage - your questions answered


Join Scottish Mortgage manager Tom Slater and deputy manager Lawrence Burns for a live webinar on Tuesday 26th March, where they will answer the top questions on shareholders’ minds.

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Rathbones Asset Management - In The KNOW blog: Building the UK’s future?


A home of one’s own seems like just a dream for an increasing number of property-obsessed Brits. Rathbone Income Fund co-manager Alan Dobbie considers whether a growing political consensus could help increase the supply of homes, bringing this dream to fruition for many – and more sustainable returns for homebuilders.

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In December, we wrote about What could go right in 2024? and highlighted 2024’s busy election calendar. Elections made the list because governments may be more inclined to reduce taxes and spend more, in an effort to win over voters.

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Invesco: 10 investment takeaways from our global equities outlook webinar


In our equities outlook webinar, experts from Invesco's equities teams' facilitated a wide-ranging discussion about their investment outlook as well as their investment process.

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Invesco: Could the 2024 US presidential election affect market performance?


The 2024 US presidential election is coming. History suggests that investors likely don’t need to worry about what the results mean for the economy and markets. If you’re a professional investor, find out from our global market strategist, Brian Levitt, why markets don’t care about elections.

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Join LV= for Smoothing 101


‘How LV’s smoothed funds operate, and how to make them work for your clients’. Our research shows that 55% of UK adults describe themselves as ‘more concerned about the possible losses than gains’ when faced with a financial decision. So, what can advisers do to consider the impact of loss aversion and support their clients to make financial decisions that are right for them?

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Artemis: Why small-cap growth stocks remind me of the 27 Club


Living fast and dying young may help rock stars achieve legendary status, but these traits are much less appealing when exhibited by potential investments, according to Mark Niznik of the Artemis UK Smaller Companies Fund.

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Artemis Global Emerging Markets Webinar


Thursday 25 April, 10:00am Raheel Atlaf, manager of the Artemis SmartGARP Global Emerging Markets Equity Fund, will discuss how he is finding investment opportunities in companies as strong as those in developed markets, in sectors that have not traditionally been associated with the asset class.

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Rathbones Asset Management - In The KNOW blog: The demographic challenge


The UK is ageing steadily as the large Baby Boomer generation arcs towards retirement and birth rates among younger people continue to fall. Rathbone Income Fund co-manager Carl Stick argues these shifts are already exerting immense pressure on so many aspects of life and the economy: pensions, taxation, vital services like healthcare, the jobs market, you name it…

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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 there’s also a customer-friendly version to share directly with your clients.

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Orbis: The power of dividends


A business is worth the cash an owner can get from it, and there are two ways to get that cash: through the mail or through a sale. Collect a dividend payment, or sell the ownership or assets of the company.

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Invesco: Why invest in the emerging markets without China?


Emerging markets ex China are offering investors substantial opportunities, helping them diversify portfolios and reduce country concentration risk.

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Quilter Cheviot: Taking Stock - After The Bell: Blind Date for Stocks


We discuss the current earnings season and look under the bonnet of a few of the stocks in their sectors.

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Columbia Threadneedle Investments: Multi-Manager - will interest rates ever slow economies down?


The rugby last weekend was arguably more exciting than markets this week, with most days very quiet for news flow, and the major highlight being the US Core PCE numbers, which is the Federal Reserve’s preferred measure of inflation.

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PIMCO: Back to the Future: Term Premium Poised to Rise Again, With Widespread Asset Price Implications


This PIMCO Perspectives assesses how the term premium’s 40-year downturn could start to reverse.

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Pictet: Buildings that contribute to a more sustainable and regenerative future


The global construction industry is on the hunt for innovative solutions to reduce its large environmental footprint.

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Quilter Cheviot: Taking Stock - Can US stocks continue to outperform?


The US stock market has strongly outperformed peers since the global financial crisis.

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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 there’s also a customer-friendly version to share directly with your clients.

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PIMCO: Bonds Look Attractive Compared With Cash, Equities


With equity valuations stretched and cash yields fleeting, bonds look attractive by many measures.

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Pictet: Down but not out: why Chinese stocks should retain their place in global portfolios


China’s economy and equity markets haven’t had an easy ride. But we believe there are still plenty of attractive investment opportunities – if you know where to look.

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AXA IM: Take Two: Eurozone inflation falls by less than expected; global stocks hit fresh highs


Eurozone annual inflation fell by less than expected in February, to 2.6% from 2.8% in January, according to an official flash estimate.

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Orbis: Inflection Points - Why are they so vital to investing?


For the past 40 years, we have enjoyed an environment of low inflation, low wages, limited defence spending, cheap manufacturing, and unparalleled central bank liquidity. What a cocktail! But the party’s coming to an end argues Alec Cutler, Manager of the Global Balanced Fund.

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Columbia Threadneedle Investments: Low inflation to create unusual dilemma for the Bank of England


In an election year, pressure for a cut in rates will only grow as inflation eases. What is the BoE to do?

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AXA IM: Multi-Asset Investments Views: Bad news on the way… and therein lies the good news


The markets have digested an uncomfortable amount of outlook volatility over the past three months, from the soft-landing consensus that supports all asset classes to an emerging narrative, marginally for some and materially for others, of the possibility of a no-landing.

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Quilter Cheviot: RI Reels: Pulling the thread


In our February reel, Kirsty Ward is joined by Greg Kearney to discuss labour standards in the apparel industry.

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Pictet: The risk of staying risk-free


Investors are clinging to cash now that it offers a level of income not seen for more than a decade. But in doing so, they're missing out on much better opportunities.

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Quilter Cheviot: Quilter Cheviot MPS MPS February Newsletter


Global equity markets continued the momentum we witnessed towards the end of 2023, with the US stock market reaching an all-time high.

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Schroders: Podcast: Life after cash and investing at all time highs


A muddled inflation picture, uncertainty over if or when rates might be cut and markets at all time highs: what should investors do? Listen to the latest episode of the Investor Download to find out.

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T. Rowe Price: Global Equities: Our View on Industrials


What we learned from recent meetings with global multi-industrial companies.

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AXA IM: Everything’s gone green


Like the artificial intelligence (AI) trend, going green is here to stay and is one of the key investment themes of the age.

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Rathbones Asset Management - In The KNOW blog: Close encounters of the bond kind


Think you might have missed the boat on bonds after a sharp rebound in markets? Head of fixed income Bryn Jones outlines three reasons why bonds are a still compelling investment choice for 2024 – particularly if you’ve got money parked in cash.

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Invesco: 2024: the return of the bond market.


Bond markets experienced high levels of volatility in 2022 and 2023 thanks in large part to the raft of interest rate rises. As things start to settle, we explore the opportunities for bonds this year.

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Baillie Gifford Upfront: Episode Five


Catch up on the conversation between host Cherry Reynard and intermediary client manager Megan Rooney, as they discuss the topics on client’s minds.

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Baillie Gifford Managed Fund: 5 burning questions on developed Asia


Why invest in economies such as Australia and Japan? Investment manager Iain Campbell explains.

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Artemis: The unappreciated evolution taking place in emerging markets


Too many investors still associate the sector with poorly run businesses that are overly reliant on the western economy. In reality, Artemis’ Raheel Altaf says that it contains companies as strong as any in the developed world, available on much lower valuations.

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Artemis: What investors can learn from Facebook’s first 20 years


After a couple of drawbacks, the company now known as Meta has hit another all-time high. William Warren of the Artemis US Extended Alpha Fund looks back at its history to find out how it keeps proving the doubters wrong.

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T. Rowe Price: Central bank rate-cut pricing is eye-catching but deceiving


Traveling to meet with clients around the globe in early 2024, many have asked me about my outlook for interest rate cuts from developed market central banks. The financial media has devoted much attention to the surprisingly large number of 2024 rate cuts reflected in interest rate derivative markets. Market sentiment shifted dramatically with the dovish pivot from developed market central banks that started with the Federal Reserve in late November 2023 and gained steam in the eurozone and the UK in December and January.

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The Angle from T. Rowe Price


The Angle brings you sharp insights on the forces shaping financial markets. With dynamic perspectives from the T. Rowe Price global investing team and special guests, savvy investors can gain an information edge on today’s market themes. It’s The Angle. Only from T. Rowe Price.

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