Industry news and views from Panacea and our partners.

Investment Commentary_

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Square Mile's Responsible Pathway


What is the future of sustainability and what does this mean for you and your clients? Hear from the FCA at the next Responsible Pathway event on what the recent Responsible Investment regulations mean for advisers.

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AXA IM: Outlook 2022: The shifting electoral landscape


The political landscape remains fractious and 2022 will see several key elections take place, which could shift political direction.

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Jupiter: Asia Pacific for income & growth – but be selective


Asia Pacific continues to provide plenty of attractive growth and income opportunities. But an active approach is key, says Jason Pidcock, Head of Strategy, Asian Income.

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Columbia Threadneedle: A bumpy ride higher for equities


The coronavirus continues to introduce uncertainty, but investors should expect cyclicals to outperform in the first half of the year. Here we identify key catalysts for equity markets.

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Jupiter: A world of opportunity in UK equities


Richard Buxton, Dan Nickols and Richard Watts discuss what may lie ahead for the economy and UK large cap, mid cap and smaller company stocks.

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M&G: Growth…with inflation?


Summary: Risk assets tumbled in November as markets digested the likely impact of the COVID-19 ‘Omicron’ variant. The good news is that corporates are in decent shape heading into 2022, but a number of risks remain. Investment Specialist, Kirsty Clark reviews recent market performance and the challenges contributing to rising uncertainty into year-end.

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M&G: Year of the Tiger, Hidden Dragon


In nearing US equity style returns over the past decade, is there an enduring case for closing the underweight in Japanese equities? Carl Vine, Fund Manager – Japanese equities discusses the drivers behind this performance and why he believes there’s scope for structural improvement from here.

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Aviva Investors: House View Q1 2022 Elevated inflation: persistent, not permanent


Above-trend growth, COVID-19, stubbornly high inflation, easing of emergency policy measures and climate change combine to create a heady cocktail of macro themes. Supply-chain snarl-ups and China’s new reorientation from an export powerhouse to a consumption-driven technology leader are also big themes to consider.

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M&G: What next for Global High Yield Bonds?


Despite the recent emergence of the Omicron COVID-19 variant, and stubbornly high inflation levels in many countries, the global economic recovery appears to be on track as we approach year end.

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Columbia Threadneedle: UK Real Estate: how to follow a record 2021?


James Coke looks at how the UK market might follow a record 2021, and while we don’t expect next year to deliver comparable capital value growth, it is likely to witness similar positive supply and demand dynamics which should maintain market momentum.

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Columbia Threadneedle: Less bezzle, more sparkle in the UK!


In 2021, investing in UK equities began to feel a little less lonely. The FTSE 100 index rose by more than 10% for the year by early December and UK companies resumed dividend payments after the pandemic-induced economic freeze in early 2020 when all hope seemed extinguished.

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Columbia Threadneedle: Sustainability with a global approach


Pauline Grange, global equities portfolio manager at Columbia Threadneedle Investments, visits chemicals company Croda International to understand the steps it has taken to go carbon neutral.

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Columbia Threadneedle: Changing monetary environment sets the backdrop for a year of change in 2022


Interest rates have been historically low for more than a decade, dampened by the flood of monetary stimulus introduced in the wake of the global financial crisis. In 2022 we expect this to change.

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Ninety One: Have inflation expectations been overshot?


We think things could actually turn out better in terms of rate expectations than perhaps the market is beginning to fear.

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Aviva Investors: Ask the Fund Manager, Guillaume Paillat - Ep 81. What is the Metaverse?


It's hard to say exactly what "The Metaverse" is exactly. However, broadly speaking it's a virtual world where we can socialise and work together.

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Sanlam: Greenhouse gas emissions – time for action


The Paris Agreement is a legally binding international treaty on climate change. It is so called because it was adopted by 196 parties at COP 21 (Conference of the Parties) in Paris in 2015.

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Sanlam: Banks and their role in climate change


At the end of the first week of COP26 the Glasgow Financial Alliance for Net Zero (GFANZ) committed over $130 trillion of private capital to transforming the economy for net zero.

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Sanlam: December monthly outlook


Growth versus inflation: how will central banks react to rampant price rises and mixed economic data?

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Baillie Gifford: 20 years of investing in glamour and hard grind


Investing in ‘high risk’ debt requires imagination, patience and an alignment of interests, as Baillie Gifford’s Robert Baltzer, Head of Credit Research, explains.

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Aviva Investors: Ask the Fund Manager, Baylee Wakefield - Ep 80. Omicron; is Christmas cancelled?


As we hit December and with the emergence of the new Omicron variant, memories of tier 4 and a seasonal lockdown will be at the forefront of many people's minds. What's the difference this time around? Find out with Peter Smith and Baylee Wakefield this week.

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Columbia Threadneedle: Emerging market equities: an exciting universe


Emerging markets are much changed from a decade ago. We talk to Dara White, Head of Global Emerging Markets Equity, and Derek Lin, Portfolio Manager and China specialist, about the major themes driving this universe, why it’s the most exciting time to be invested in EMs, and how we as investors navigate the opportunities and challenges posed by this large and diverse market

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Jupiter: European outlook: four megathemes


Mark Heslop and Mark Nichols, Fund Managers, European Growth, look beyond 2022, considering some of the longer-term trends that are likely to impact investment performance.

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Jupiter: Central banks to back-peddle in 2022?


The Jupiter Merlin team look ahead to 2022, which promises to be a year in which central banks reverse course on policy and Covid stubbornly refuses to disappear.

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Jupiter: Are you wrong about Japan?


Dan Carter and Mitesh Patel tackle some of the misconceptions about Japan, and look factors such as low carbon technology and inflation.

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Jupiter: Flexibility will be key in 2022


Talib Sheikh and Jupiter’s Multi-Asset team take stock of a tumultuous period and look ahead to 2022, when flexibility will be key in a volatile investing environment.

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Jupiter: The post-pandemic world will mark a new era


There will be no return to normal, say the team at NZS Capital. Instead they see a continuation of the digitisation trend in which the winners exhibit “non-zero-sumness”.

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Jupiter: US may set the tone for 2022, but solutions set the pace


Rhys Petheram, Head of Environmental solutions and Jon Wallace, Fund Manager, Environmental Solutions explain why the outlook for environmental investing is dependent on the US, and uncover six key themes set to define 2022.

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Jupiter: Our hopes for people, planet and profit


Abbie Llewellyn-Waters, Freddie Woolfe, and Jenna Zegleman of Jupiter’s Global Sustainable Equity strategy, set out the progress they would like to see in 2022 and in years ahead on climate change, inequality and biodiversity.

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Jupiter: Investment outlook 2022: the value of active minds


As the start of another pandemic-era year beckons, investors and the world at large are once again faced with the need actively to balance both opportunities and risks.

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Jupiter: Tightening into a slowdown: central banks risk policy mistake


Higher inflation is putting pressure on central banks to raise interest rates earlier than expected say Ariel Bezalel, Head of Strategy, Fixed Income and Harry Richards, Fund Manager, Fixed Income.

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Jupiter: Asia Pacific for income & growth – but be selective


Asia Pacific continues to provide plenty of attractive growth and income opportunities. But an active approach is key, says Jason Pidcock, Head of Strategy, Asian Income.

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M&G: Outlook video 2022


After a period of surprising outcomes for both equity and debt markets, both of which have reached record prices even after the global instability caused by COVID-19, what does 2022 hold? At the forefront of investors’ minds are the questions of whether inflation is transitory or more permanent, the likely rate hikes from major central banks, and if the high prices of risk assets, whether equities, corporate bonds or high yield, are sustainable. Jim Leaviss, CIO, Public Fixed Income, Fabiana Fedeli, CIO, Equities & Multi Asset, and Maria Municchi, multi asset Fund Manager, discussed how these issues are likely to affect their respective asset classes in the coming year.

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T. Rowe Price: 2022 Global Market Outlook: Playbook for a Shifting Economic Landscape


With inflation and tapering, the pandemic, diminishing federal stimulus, and high valuations lending uncertainty to markets, investors will need to dig deep to find the highly attractive global opportunities we believe remain.

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M&G: Asset TV Masterclass on the Road: Sustainable Strategies


COP26 and climate change have been dominating the news, but what else is there to sustainable investing? John William Olsen joins a panel discussion for Asset TV's Masterclass on the Road program to discuss.

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FundsNetwork: Ensuring clients receive the highest possible State Pension


As all those involved in retirement planning will know, every penny counts when it comes to generating a pension income. This makes the recent news that, according to the DWP’s own estimates, as many as 134,000 people in the UK may have been underpaid their State Pension particularly cruel.

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Aviva Investors: Ask the Fund Manager, Sunil Krishnan - Ep 79. Is the Fed chair more important than the President?


Jerome Powell is here to stay for another 4-year term as Fed Chair. This is arguably one of the most powerful economic jobs in the world, but does he have the power to curb the current high levels of inflation?

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Baillie Gifford Managed Fund - Manager Insights


Investment managers Iain McCombie and Steven Hay discuss inflationary pressures, ESG opportunities and heat pumps, among other matters, in conversation with product specialist Lucy Haddow. Capital at risk.

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Royal London: Business health check


Watch our latest webinar with Shelley Read our Senior Intermediary and Development manager as she shows you how to analyse your protection business to ensure it’s performing at its best.

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M&G: Will inflation continue to surprise to the upside?


Inflation remains a key topic amongst investors. In this video, Carlo Putti, Fixed Income Investment Director, explains why inflation could continue to surprise to the upside and 3 key things to look out for. He also discusses inflation-linked bonds and explains why these instruments might not be the best protection against rising inflation.

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M&G: A close look at the US labour market


In 2020, the impact of the pandemic on the US labour market was unprecedented, with the unemployment rate in the country hitting 14.8% at its peak and the number of unemployed soaring, from some 7 million to over 23 million.

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