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Investment Commentary_
Rathbones In the KNOW blog: Lessons from a tough 2022
Central banks dominated markets in 2022, sending UK smaller companies tumbling. Yet UK Opportunities Fund manager Alexandra Jackson argues 2023 will be a year when investors start paying attention to companies fundamentals once again.
Baillie Gifford: Resilient growth for the long term
When youre surrounded by an ocean of information and noise its hard not to get distracted. Baillie Gifford's Global Income Growth investment manager Ross Mathison discusses why investors must stay focused on growth potential.
Jupiter AM: Inching closer towards rate cuts
Ariel Bezalel and Harry Richards say global growth will continue to slow in the coming months, dragging inflation further down, increasing the likelihood of rate cuts towards the end of the year.
Pictet: Lessons from Eden: sowing the seeds for the sustainable future
Sir Tim Smit, co-founder of Eden Project, "the eighth wonder of the world," talks about how to win the battle for sustainability.
Pictet: Why China's re-opening could be a blessing for emerging market bonds
The re-opening of the world's second largest economy shouldn't concern those worried about inflation.
Pictet: Barometer: Economic clouds lift but risks linger
Economic conditions appear to be stabilising but with corporate earnings prospects lacklustre, equities don't look great value.
Pictet: Japan: the land of rising prices?
The return of inflation in Japan should prompt further normalisation of monetary policy and trigger a rerating of its equity market.
TIME Investments: How care advice can help open up discussions about IHT planning
The cost of living crisis and legacy from the pandemic have created a perfect storm that means many people are struggling to fund their later life care needs. With Inheritance Tax receipts soaring to record levels, later life planning is becoming more complex with competing objectives and questions over how clients can plan most effectively.
TIME Investments: 2023 Outlook
Watch our 2023 Outlook short video and hear from Fund Managers Roger Skeldon and Andrew Gill, who give their high level outlook for the year.
Rathbones - The Sharpe End podcast: Love Satchually
Could Davids usual prediction of US stocks beating European ones come a cropper this year? The team also explain why US real estate investment trusts are a different ball game for them vs the UK market, and where there are some exciting opportunities. Finally, the team turn a loving, Valentines Day gaze towards European luxury goods giant LVMH and discuss just why the companys resilient earnings are perhaps worth paying a pretty penny for.
Columbia Threadneedle Investments: Fund Watch Q4 2022
Fund Watch uses our teams process to highlight the past quarters developments in the fund world. It is fact-based and uses performance analysis techniques which form part of our investment process.
AXA IM: Investing in 2023: Time for a little more optimism
The challenges faced by markets in 2022 the Ukraine crisis, inflation, rapidly tightening monetary policy and slower economic growth - are unlikely to retreat anytime soon; the threat of further market volatility is a constant.
Allianz Global Investors: Fuelling a new climate response
Commitment to sustainability has been tested this year against a backdrop of war, economic slowdown, and surging energy prices. Despite the difficulties, we believe these problems will ultimately serve to accelerate the energy transition and prompt investors to double down on opportunities for sustainable investing.
LV= How smoothed solutions could help ease your clients recession worries
In this webinar, LV= were joined by investment experts to explore market conditions, and how their Smoothed Managed Funds are uniquely designed and positioned to help.
Jupiter: Monitoring progress toward net zero in emerging markets equities
Nick Payne, investment manager, Jupiter Global Emerging Markets Focus strategy, shares how an active fund manager approaches ESG, and how companies progress on climate change can be assessed.
Jupiter: Anatomy of a Crisis 2: after a year of war, whats next for Ukraine?
A year after the conflict started, Alastair Irvine takes stock of the geopolitical, economic and investment consequences of the war in Ukraine.
M&G: 2023 Equities and Multi Asset Outlook Q1 2023
After three years characterised by a global pandemic and a war in Europe, we have learned to shift our mindset from what should we expect ahead to what are we not expecting ahead and, hence, unprepared for?.
M&G: SDGs in focus: health and well-being
The UNs Sustainable Development Goals (SDGs) provide a framework for achieving a better, more sustainable future for all. In this article, we review recent developments in the areas of health and well-being, and consider what still needs to be done to achieve the related SDGs.
Quilter Cheviot: Taking Stock - When Prophecy Fails
We continue to rattle through earnings season at pace (results better than feared so far), but central banks took centre stage last week with the ECB, Bank of England and the Fed all raising interest rates, although with signs emerging that their respective hiking cycles may be coming to an end.
T. Rowe Price: Global Impact CreditOne Year On
With one year having passed since the launch of the strategy, Portfolio Manager, Matt?Lawton, answers questions about the evolution of impact investing over the past 12?months, activity within the strategy, successes and challenges, and what he is watching in 2023.
MercadoLibre: Latin Americas ecommerce champion
In the latest episode of Invest in Progress, MercadoLibres Pedro Arnt tells Scottish Mortgages deputy manager Lawrence Burns about its giant ecommerce platform and providing financial services to customers without bank accounts.
Orbis: The great misallocation
It has been almost exactly one year since we wrote about the sale of a digital yacht in the metaverse for $650,000 worth of cryptocurrency. It was an amusing anecdote that captured the essence of the Everything Bubble in late 2021, but those days are long gone. Todays memorable crypto anecdotes are more likely to involve bankruptcy or fraud.
Orbis: Focused through a different lens
World stockmarkets were fun in 2021 but stomach-churning in 2022. Or at least they were to passive investors who were awake for the experience.
Orbis: Quarterly Commentary Orbis Global Balanced
When we set up the Orbis Global Balanced Strategy ten years ago, we wanted to do a conventional thing in an unconventional way. Our aim was to generate pleasing returns with a moderate risk profile. Thats conventional. But rather than looking to asset class decisions as the key driver of returns, we built the strategy to draw on our core skills: in-depth company research and bottom-up security selection.
Allianz Global Investors: Year of the Rabbit: luckier for investors?
Last year was challenging for Chinese equities. Investors will be hoping the Year of the Rabbit is more rewarding after signs of a market rebound in 2022.
Five burning questions on the Baillie Gifford Managed Fund
Managed Fund specialist, Philip Scott, asks the funds bond team about their outlook on the asset class.
The Quilter Investors 2023 global outlook
2022 brought with it the perfect storm for markets, with inflationary pressures creating uncertainty for investors as the cost of living soared. Now, with early signs that inflation may have peaked both here and in the US, our investment experts look forward with renewed hope to the investment landscape that lies ahead and what it could mean for your clients.
Baillie Gifford Multi Asset Quarterly Update
Head of Multi Asset James Squires and Client Service Director Barry Templeton reflect on recent drivers of performance, how the current environment is influencing the portfolio and the outlook for the strategy.
Schroders: Four
Value stocks can be found in many areas of global equity markets but four areas in particular are catching our attention.
AXA IM: Postcard from Davos
The contrast between economists generally pessimistic about the chances to avoid a recession in 2023 and corporates often upbeat expectations was very tangible in Davos.
Rathbones In the KNOW blog: Low expectations, even lower valuations
Britain has suffered through an omnicrisis for almost six months and recession looms on the horizon. And yet UK markets have been a bright spot, notes Rathbone Income Fund co-manager Alan Dobbie. Whats going on?
Jupiter AM: A change in fortune for bond markets?
Optimism around fixed income was rare in 2022, but there are reasons to believe 2023 may see a change in fortune for bond markets, say Ariel Bezalel and Harry Richards.
The charts that show how the world has changed in the past 12 months
2022 was a watershed year for markets; here are the charts that tell the story.
Allianz Global Investors: Access to healthcare more important than ever
We are now in the 3rd year of the COVID-19 pandemic and are approaching a time of the year when health services will again face significant pressure. This coincides with a cost of living crisis and looming recession, where hard choices are being forced upon consumers, some of which could add to these pressures.
AXA IM: High-low silver lining
There are several themes which could support better market returns going forward. Concerns that bond returns could be positive when central banks are still raising rates have given way to questions about what parts of the fixed income market are the most attractive.
Quarterly Commentary Orbis Global Equity
This could take a while. The everything bubble of 2021 has started to deflate, and valuations have started to turn towards sanity. But only started.
Orbis: President's Letter 2022
What a year! 2022 was a time of pivotal changein markets, geopolitics, and our firm.
Columbia Threadneedle Investments: Industry trends to watch in 2023
The last few years have delivered a fair share of once-in-a-lifetime setbacks for asset managers and investors. As we come out on the other side, I am excited about the opportunities.
Columbia Threadneedle Investments: An improved toolbox to manage volatility and provide income
Concerns around inflation have driven core government bond yields upwards to levels not seen for more than a decade.
Columbia Threadneedle Investments: Multi-Manager Peoples Perspectives
Our latest podcast has arrived this week, featuring Ryan Grabinski of Strategas Research Partners, Adam Norris and myself reviewing our forecasts for 2022 and thinking about investment themes for 2023. It can be downloaded or streamed from Apple Podcasts via this link. Reviews so far include its a bit boring from my 9-year-old son. I feel some quantitative tightening coming to this weeks pocket money