Industry news and views from Panacea and our partners.
Investment Commentary_
Aviva Investors: Multi-asset allocation views: Loose policy doesnt rule out a steeper curve
While inflation is expected to rise after last years lows, it will likely be transitory. Sunil Krishnan explores what this means for the economy, yield curves and equity markets.
Aviva Investors: How investors pushed BP to become a climate leader
Investor power was a critical factor behind BP setting one of the most ambitious climate strategies of any oil major.
Jupiter Asset Management: IG credit: bubble trouble, alpha opportunity, or both?
Current conditions in the sterling investment-grade corporate bond market warrant an approach that is active, pragmatic and risk aware. Those who embrace such a philosophy may discover some attractive alpha opportunities ahead.
Baillie Gifford: Scottish Mortgage on the visionaries driving the future of healthcare
With innovative management teams and breakthrough-inspiring cultures, Moderna and Illumina have the technology and vision to progress a new era of healthcare. Capital at risk.
Baillie Gifford: From Crisis to Opportunity a new paradigm in income investing
This is an exciting time to be an income investor. Never has it been clearer that a growth approach to income delivers better results than a high-yield approach. For too long investors have been advised to hold their noses and buy troubled companies with high dividend yields if they want income. In 2020 this paradigm was exposed as fatally flawed.
Columbia Threadneedle: The crowds are returning!
Investing in the UK has felt a little like the football experience we have endured over the past year: without the crowds its been a lonely game. However, at long last the crowds are coming back.
AXA IM: Where to go for risk?
We all know people have different approaches to risk. Some of us like to take physical risks in search of an adrenaline high, while others take investment risks chasing hot stocks. The majority of the population, we suspect, stick to the sofa, and theres nothing inherently wrong with that.
Rathbones In the KNOW blog: Step by step
Earnings season has mostly gone well and analysts have increased their forecasts for future profits.
AXA IM: How can investors gain from the clean economy?
Population growth and rising wealth continue to increase demand for energy, transportation, food, water and waste management.
Dividend update: AXA Framlington UK Equity Income Fund
Over a year on from the onset of the pandemic, we now have full twelve-month performance for AXA Framlington UK Equity Income and the impact of COVID-19 on its dividend.
M&G Global Macro Bond Fund: Answering the three big bond questions
Watch Jim Leaviss, CIO Public Fixed Income, Eva Sun-Wai, Fund Manager & Andrew Eve, Investment Specialist answering the three big bond questions.
Aegon: Why clever multi-asset funds keep it simple stupid
Tim Orton, Managing Director of Investment Solutions at Aegon, discusses how to measure value for money when assessing multi-asset strategies, and explores a few fundamentals that we can learn from the US navy.
Jupiter AM: Reflation, interest rates and risk
Ariel Bezalel, Talib Sheikh and Mark Nash discuss financial markets, rates, fiscal and monetary policy and where they see opportunities
AXA IM: Six-month review: AXA Global Strategic Bond Fund
Given the events over the past six months, we wanted to provide an update on performance and positioning for the recently launched onshore version of the AXA Global Strategic Bond Fund.
Baillie Gifford: A new paradigm in income investing
Does having a growth approach to income deliver better results? James Dow, investment manager for Baillie Giffords Global Income Growth explains why he believes it does. Capital at risk and income not guaranteed.
Columbia Threadneedle: Office-working: long-term symptoms or full recovery?
With the advent of the Covid-19 pandemic, millions of office workers worldwide were forced to work from home (WFH) for the majority of 2020. Employers will need to give employees a good reason to wake up earlier and spend time and money commuting to work in an office. We think there are compelling reasons to do so.
Baillie Gifford Managed Fund: Answering the 5 burning questions on investors minds
The year 2020 felt somewhat surreal for UK investors. We answer some of the questions most asked by investors of the portfolios UK equity holdings. Capital at risk.
AXA Framlington Global Technology Strategy
Technology is driving change across the whole economy, offering investors exciting opportunities for growth. As people, businesses and governments adopt new technologies faster than ever before, technology is driving innovation in the economy, upending traditional business models and ways of operating.
M&G: Creating a positive impact
Impact investors aim to meet the dual objective of generating measurable positive impacts alongside competitive financial returns. See how the companies in our portfolio intentionally deliver a meaningful positive social and environmental impact.
Jupiter: Systematic equities Q3 review
Dr Ian Heslop and Dr Amadeo Alentorn, co-heads of systematic equities, present their quarterly review. They present the systematic equities teams latest market analysis and review the performance of the strategies managed by the team.
Jupiter Merlin Weekly: Economic optimism IMF-style
As global economic growth forecasts increase we must remember that the post-Covid normal may not be the same as the pre-Covid normal. Read the Jupiter Merlin teams view.
Jupiter Merlin Webcast: Winter of discontent turning to glorious summer?
In this webcast, the Jupiter Merlin team discuss the potential for a swift economic recovery from the summer onwards as the UKs lockdown ends.
Jupiter: Citywire: Harry Richards on running £13bn in his early 30s
Harry Richards tells Wealth Manager about the industrys perception of younger fund managers, tackling inflation and opportunities in China.
Jupiter: Notes from the Investment Floor - Diversification is key to green bonds
Rhys Petheram looks at changes in the market for green bonds, including the upcoming launch of the first green gilt, and signs of central banks turning green.
Jupiter: Financial inclusion and fintech in emerging and frontier markets
Covid-19 has driven financial inclusion and the evolution of fintech. Ross Teverson explains why well-managed emerging and frontier market banks stand to benefit.
Aviva Investors: Divergence, debt sustainability and climate: Key takeaways from the IMF Spring meetings
Debate over the short- and longer-term consequences of COVID-19 dominated the Spring meetings of the International Monetary Fund, with our emerging-market debt team among those following discussions closely.
Jupiter Merlin Weekly: Global powers flex muscles behind the dance of the seven veils
As major powers jostle for supremacy, Ukraine, Iran and Afghanistan are again the battleground. Read the Merlin teams view on whats causing these brewing storms.
AXA IM: Should UK investors worry about inflation?
Rising commodity prices, pandemic-related disruption and large stimulus programmes have all raised the stakes for investors. Join AXA IMs Chris Iggo, CIO, Mark Healy, Senior Portfolio Manager, and Jamie Forbes-Wilson, Portfolio Manager, as they debate the outlook for inflation.
Rathbones In the KNOW blog: Moving in the right direction?
Given how many people are driving electric cars and carrying re-usable coffee cups these days, it seems many consumers are aware of climate change risks. But what about social and governance risks?
FundsNetwork: Investment Outlook are we out of the woods yet?
In his latest Investment Outlook, Tom Stevenson, Fidelity's Investment Director, provides analysis on global markets and the outlook for the year ahead.
Square Mile Research: Making an impact with global bonds
There is no let-up in the pace of change across the industry, as investors increasingly seek to do go and avoid doing harm with their investments. In this short, Square Mile explore the Wellington Global Impact Bond fund, a high-quality global fixed income fund that provides a positive social and environmental impact.
T. Rowe Price: Why secular growth has enduring appeal
The value stocks in the large?cap Russell 1000 Index have outperformed their growth counterparts in recent months, but this near?term regime shift does not dim our conviction in high?quality companies that we believe can compound in value over the long run by growing their revenue and cash flows.
Columbia Threadneedle: Covid-19: One Year On
In this podcast from the Eye of the Needle team, Toby Nangle, Global Head of Asset Allocation at Columbia Threadneedle Investments, reflects on the extraordinary year weve had a year that challenged families, companies, markets, economies and governments.
Columbia Threadneedle: Fund manager interview: maintaining a global focus
With economies looking towards a post-Covid world and concerns around inflation growing, we talk to the manager of the Global Focus strategy about what 2021 might have in store
Rathbones In the KNOW blog: America blooms
America is opening up along with the spring blossoms, and a strong summer of spending seems to be on the way. The rebound in fortunes has helped the S&P 500 reach new highs which, as chief investment officer Julian Chillingworth notes, go hand in hand with rising yields.
Rathbones In the KNOW blog: Just a passing fad?
Is sustainable investing here to stay, or will it fade during the next big downturn? After months of trying out a trendy new exercise bike, our fixed income manager Noelle Cazalis thinks sustainable investing is here to stay.
Aviva Investors: The COVID Nudge
In these data visualisations, we look at whether COVID-19 will achieve something that millions spent on public health campaigning has failed to do.
Aviva Investors: Pixie dust and demon dust: The little things that make a big difference in equity markets
To gain an accurate picture of a companys long-term prospects, investors must pay close attention to the details, says Giles Parkinson.
Rathbones: Investment Insights Q2 2021
In the latest Investment Insights, we explore how benchmark US government bond yields spiked as investors braced themselves for the release of pent-up consumer demand, encouraged by Joe Bidens $1.9 trillion stimulus package. We take a look at where US bond yields and interest rates may go from here, and what that means for equity investors.
M&G: Pushing for greater impact through company engagement
By using our influence to persuade companies to improve their disclosures and targets, impact investors can aspire to shape better outcomes for people and the planet.