Industry news and views from Panacea and our partners.

Investment Commentary_

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Aviva Investors: The art of cutting your losses


Conviction on stock selection and the humility and discipline to learn from poor investment decisions is essential for long term returns. Chris Murphy and James Balfour explain how this works in practice.

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Square Mile Research: Talking With Aziz


In Square Mile’s latest interview, we are talking adding value in down markets and cycling with Aziz Hamzaogullari, Chief Investment Officer and Founder of the Growth Equity Strategies Team Loomis, Sayles & Company - part of Natixis Investment Management.

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AXA Investment managers: US High Yield Market and Strategy Update with Carl 'Pepper' Whitbeck


What are current investment opportunities and key themes and trends to watch in today's market setting? Find out here

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Quilter Cheviot: Weekly comment: dig for the recovery?


Join Sebastian Scott for Quilter Cheviot’s Markets Uncut podcast. This week, Chris Beckett, Head of Equity Research, covers a worrying rise in Covid-19 cases in Spain, while Liz Dhillon, Equity Research Analyst for the oil, gas and mining sectors explain the big four commodities behind the UK’s mining giants and the outlook for their high dividend yields.

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Rathbones In the KNOW blog: Where the wind blows


Rathbone Global Sustainability Fund manager David Harrison discusses the rise of renewable energy and how it is making a more sustainable world.

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Aviva Investors: Evidence and ambition: The new rules of engagement on climate change


Mirza Baig explains why far-off commitments on climate change by energy companies and their lenders are no longer enough, and why COVID-19 has catalysed rather than derailed investor engagement on the issue.

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Aviva Investors: Have traditional safe havens lost their edge?


COVID-19 has reminded investors of the importance of defensive positions within portfolios during times of stress. But are the ‘safe havens’ of the past still up to the task?

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Aviva Investors: Stay the course or cut and run? Running a UK Equity Income portfolio during a dividend drought


The economic fallout from COVID-19 is taking a heavy toll on the UK equity income sector. In their efforts to control costs (in some cases, under pressure from regulators), UK-listed companies have cut or deferred over £30 billion of dividend payments during the pandemic, with little indication that things will return to ‘normal’ anytime soon.

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FundsNetwork: Pension transfer advice: the new rules at a glance


The FCA have issued Policy Statement PS 20/6, which lays down a number of new rules in order to improve the quality of DB transfer advice.

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FundsNetwork: New report: Unlocking the power of advice


FundsNetwork’s latest research looks closely at the role financial advice could play in helping women to unlock their financial power.

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Rathbones In the KNOW blog: Are the bears in hibernation, or just napping?


With the groundwork laid for a rapid recovery, equity markets reflected continued optimism in June. But as chief investment officer Julian Chillingworth notes, significant risks remain.

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Square Mile Research: Talking At Home With Stephen Jones


Square Mile’s Managing Director, Richard Romer-Lee, is talking asset allocation and new employee packages at home with Stephen Jones, CIO of Kames Capital

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Aviva Investors: What makes a company resilient in a crisis?


As the COVID-19 pandemic hits global economies, equity investors are redoubling their focus on corporate resilience. But what does resilience mean in the current context – and which companies have it?

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Quilter Cheviot: Maintaining a sense of team spirit


Lockdown has created any number of challenges for those of working from home. And while I’ve had my fair share of IT issues, I think one of the bigger challenges has been trying to maintain a sense of team spirit.

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Columbia Threadneedle: Summer statement round-up


The UK government has unveiled its latest package of support measures aimed at boosting consumer demand and helping businesses recover quickly from the Covid-19 pandemic.

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Aviva Investors: Where to go in an income drought


Income investors face multiple challenges – dividend cuts, historically low yields, rising corporate defaults, and an uncertain property market.

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Columbia Threadneedle: Investment style rotations - growth versus value


How the 2020s could be similar to the last decade with low growth, inflation and interest rates; and how quality should outperform value in this environment

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Columbia Threadneedle: Asset Allocation Update


We all know – or rather, have heard of – Warren Buffet. One of his more famous mantras is: to get rich you need to be fearful when others are greedy, and greedy when others are fearful.

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Quilter Cheviot: Diary of a Fund Manager – Bread and Circuses


In this week’s Diary, post-lockdown recovery news, observations about what will matter to markets over the next few months and some hard to answer questions.

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M&G: A green light on 'building back batter'


In this month’s video Kirsty Clark, Investment Specialist, comments on the growing focus on Sustainability and ESG issues in the wake of COVID-19

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M&G TALKS webcasts for Thursday, 16 July at 10:00


M&G host monthly webcasts allowing you to access in-depth fund and macroeconomic updates straight from the investment floor, as well as an opportunity for your questions to be answered by our presenters.

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Baillie Gifford: Wanted - Bond Champions


Yields at low or even negative rates have prompted questions about the relevance of investing in bonds. Phil Annen of the Baillie Gifford Managed Fund argues that this is an asset class that can still form a key part of an actively-managed, balanced portfolio and offer attractive returns.

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Baillie Gifford: Manager Insights – Managed Fund


Lucy Haddow, product specialist at Baillie Gifford, gives an update on the Baillie Gifford Managed Fund and it’s position during these challenging times.

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Rathbones In the KNOW blog: The price of everything, the value of nothing


Sparring with travel providers over COVID kerfuffles brings home the importance of customer service for head of multi-asset investments David Coombs. For him, it’s worth paying for.

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FundsNetwork: How the advice sector is adapting to the coronavirus crisis


FundsNetwork’s Adviser Pulse study assesses how adviser attitudes are changing as business and society adapts to the Coronavirus pandemic.

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Aviva Investors: Compare and contrast: COVID-19 and the Global Financial Crisis


Is there a lesson to be drawn from history? No two crises are the same but useful insights can be gleaned from comparisons, as Jerome Nunan explains.

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Aviva Investors: EMD: The art of differentiation


Liam Spillane and Aaron Grehan explain why there are still opportunities for investors in emerging market debt, despite expectations of higher defaults and lower recovery rates.

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Rathbones In the KNOW blog: Beware passively seeking yield


Helping clients find income has been a tough gig for many years now, yet pandemic-induced dividend cuts have made that task even harder.

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It’s Time to Look East


First to emerge from the coronavirus pandemic, the Asia ex Japan region is in robust health and its innovative companies are thriving. Roderick Snell surveys the Asian landscape and argues that the region is the best place to look for long-term growth.

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Baillie Gifford: Manager Insights – American Fund


Ben James gives an update on the positioning and activity of the Baillie Gifford American Fund.

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Baillie Gifford: Manager Insights - Pacific Fund & Pacific Horizon Investment Trust


Roderick Snell of the Baillie Gifford Pacific Fund and Pacific Horizon Investment Trust gives an update on the portfolios and explains why he believes it’s time to look East.

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Columbia Threadneedle: Are markets ahead of the economy and should they be?


The S&P 500 has rallied more than 35% off its March low. For some, considering the current economic data cataloguing the wreckage of the coronavirus-induced economic shutdown, the move appears to defy common sense. It has prompted many to ask whether financial markets are ahead of the economy, and whether they should be?

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Rathbones In the KNOW blog: When a habit becomes a trend


His heart is in Santorini, his head is in rural Surrey and his cash is in the freezer. Head of multi-asset investments David Coombs grapples with lockdown realities and the changes they could bring to shopping.

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FundsNetwork: Building and maintaining relationships


Stephen Boucher, FundsNetwork's Head of Strategic Accounts, talks to Gavin Chapman from Chase de Vere, about what’s important in working relationships.

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Aviva Investors: COVID 19: The trade-off between staying safe and getting back to work


An economy in lockdown has significant effects for investors in real assets. In this data illustration, our real assets research team consider the benefit of businesses returning to their usual locations against the risks of doing so.

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Aberdeen Standard Investments: Flexibility needed to counter COVID-19 impact


We highlight three courses of action for investors to navigate portfolios through the second half of 2020. As the coronavirus pandemic drives the global economy into recession and compounds heightened geopolitical tensions, we anticipate continued market volatility in the second half of this year.

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Diverse opportunities in fixed income can help navigate the COVID-19 pandemic


The COVID-19 crisis has created a lot of turbulence within global financial markets over recent months. We believe short duration could appeal to investors concerned over low yields on mainstream government bonds.

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Aberdeen Standard Investments: The 'Overview Effect' of climate change


If you are one of the lucky 565 people who have been to space, you may have experienced the mystical and powerful emotional state called the ‘Overview Effect’. This mental state has been described by astronauts as a wake-up call to realise the damage we are causing the Earth.

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Aberdeen Standard Investments: Asia after the storm


The world has been battered by the coronavirus pandemic this year. Most economic activity was suspended as many of us spent our days confined to our homes.

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Rathbones In the KNOW blog: Easy does it


Economic statistics fell off a cliff in May, but as chief investment officer Julian Chillingworth notes, investors were already anticipating a big bounce as economies began to reopen.

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