Industry news and views from Panacea and our partners.
Investment Commentary_
Aviva Investors: COVID-19: What will unprecedented policy response mean for economies and markets?
While global policymakers around the world have acted with unprecedented speed and force to the COVID-19 pandemic, their actions are unlikely to prevent the world falling into the deepest recession since World War II.
Quilter Cheviot: Diary of a Fund Manager - Juggling act
In this week's Diary a survey of the many balls in the air at the moment before returning to the ground level detail of investment as we re-emerge into a changed world.
Rathbones In the KNOW blog: The case for UK equity income
The pandemic and the global lockdowns to combat its spread have raised havoc with UK dividends. Yet that very disruption could lead to better managed companies and more sustainable dividends, argues Income Fund manager Carl Stick.
Square Mile Research: Upcoming webcast - How do you run a UK Equity Income portfolio without income?
Join Chris Murphy and James Balfour, Fund Managers at Aviva Investors, on 28 July, 12pm as they discuss what the UK dividend cuts mean for equity income investors, and provide a reminder of how to maintain a disciplined long-term investment approach. Not getting sucked into short-term and having an active mindset will be key to thriving in this uncertain market environment.
Columbia Threadneedle: Stock markets: Looking ahead
What bear markets and bull rebounds can teach us about how the stock market works, and how we may navigate current and future market contractions.
Quilter Cheviot: Diary of a Fund Manager - Longest Day
As we approach the summer solstice, opinions from around the world and thoughts about whether man or machine is coping better with a year dominated by the unexpected.
Aberdeen Standard: Resilient and adaptive the mid-caps showing their might
Abby Glennie, Investment Director at Aberdeen Standard Investments, considers the effects of Covid-19 on the diverse investment universe of medium-sized companies.
Aviva Investors: Size matters: Will COVID-19 lead to a concentration of corporate power?
The fallout from the coronavirus pandemic could see large firms cement their dominance over weaker rivals. We examine the implications for investors.
Aberdeen Standard: Where to next for the Eurozone
The economic and health impacts of coronavirus have not been distributed equally across the Eurozone. In particular, peripheral countries such as Italy have been hit hardest in human and economic terms.
Aberdeen Standard: Fixed Income TEAMTALK - The Lockdown Edition
In this Lockdown Edition of our Fixed Income TEAMTALK podcast, Amit Moudgil, Fixed Income Investment Specialist, is joined by Liam ODonnell, Roger Webb, Steven Logan and Edwin Gutierrez.
Rathbones In the KNOW blog: Testing times
A DIY COVID-19 antibody test takes a lot out of our multi-asset portfolios fund manager Will McIntosh-Whyte. Cleaning up the mess, hes reminded of why becoming an armchair expert is dangerous for investors.
Quilter Cheviot: Diary of a Fund Manager Mission accomplished
In this week Diary, optimism rules for now, but it is the detail that will matter more as we emerge from lockdown. Filling in some of the gaps, news about US employment, UK manufacturing and the insurance sectors.
Rathbones In the KNOW blog: How technology can improve air quality
When people think about sustainable investing, they often focus on just the narrow topic of how a company itself operates in an environmentally friendly manner. But sustainability is about more than a businesss immediate environmental impact. David Harrison explores the pivotal role tech is playing during the pandemic.
Columbia Threadneedle: Income investors: What to expect in the current environment
Columbia Threadneedle Investments: Income investors: What to expect in the current environment
Columbia Threadneedle: Episode 8 - Eye of the Needle podcast
In this lockdown episode from the Eye of the Needle team, we talk to Toby Nangle, Global Head of Asset Allocation, and Nadia Grant, Head of US Equities.
Aviva Investors: There is too much fear about the short-term outlook for UK equities
So far, equity markets have borne the brunt of investors coronavirus-related concerns. In this Q&A, Chris Murphy explains why he thinks the reaction is over-blown in the UK and where he sees the opportunities and risks emanating.
Aberdeen Standard: Income investing in a pandemic finding a way through
As a consequence of the global pandemic, we currently find ourselves in unchartered waters. Daily life has been altered beyond recognition for many of us and will likely remain that way for some time to come.
Rathbones In the KNOW blog: Safety first
The UK is facing a triple crisis: a pandemic, poor leadership and crippling risk aversion thats spreading throughout everyday life. Multi-asset portfolio funds lead manager David Coombs argues that we are pushing risk into the future.
Aviva Investors: The impact of COVID-19 on global high yield
As an increasing number of companies battle the economic consequences of COVID-19, their ability to service bond payments is coming under intense scrutiny. In this Q&A, Sunita Kara considers whether current high-yield valuations adequately compensate investors for default risk and looks at the broader implications of the pandemic.
Quilter Cheviot: Diary of a Fund Manager Zombification
In this week Diary, buoyant equity markets, zombie companies and where next for infrastructure investors.
Quilter Cheviot: Diary of a Fund Manager - Connected Isolation
In this week's Diary a tour of the world from East to West with an undercurrent of optimism as we move from tentative reopening to the evidence of activity.
AXA IM: UK dividends: weathering challenges, capturing opportunities
In direct response to the COVID-19 pandemic, the current outlook for dividends paid by UK-listed companies looks rather gloomy. It is not inconceivable to think that dividends for the FTSE All-Share Index could fall by more than 40% in 2020.
Square Mile Research: UK equities: Overblown short-term fears
COVID-19 has created huge uncertainty in markets. While the FTSE 100 is up from its lows in March, it is still languishing well below its peak. We therefore asked Chris Murphy, Senior Portfolio Manager for UK Equities, for his thoughts on the crisis, his outlook for corporate dividends and profits, where he sees the biggest risks and opportunities, as well as what changes he has been making to his portfolio.
Aviva Investors: Re-enter the dragon: What Chinas recovery from COVID-19 means for emerging markets
As China gradually emerges from lockdown, emerging market debt and equity investors are trying to gauge the impact of the coronavirus pandemic on its economy and the knock-on effects for other emerging markets.
AXA IM: Will companies adapt and thrive, or stand still and dive?
When the coronavirus crisis hit, it shocked companies of all kinds. But as time goes on, businesses are finding ways to adapt, survive, and perhaps even become stronger. Seismic events like this often show us, as investors, what companies are really made of. Will only the fittest survive? We discuss in our new blog.
Quilter Cheviot: Diary of a Fund Manager Feedback Loop
In this weeks Diary, a few themes to hold onto during the grand reopening and news from the advertising front line. Also, what captures the attention of virtual audiences and a bit about books.
Rathbones In the KNOW blog: This too shall pass
Amid an alphabet soup of economic forecasts, chief investment officer Julian Chillingworth looks for the ingredients of a lasting recovery.
COVID-19 Impact: AXA IM's macroeconomic and investment strategy update - lifting the lockdown
Watch the replay of our latest webinar focusing on what lifting the lockdown could mean for the global economic recovery, as well as equity and bond markets.
Quilter Cheviot: Weekly comment: Come fly with me?
As lockdown measures are eased across the developed world, how concerned should we be about secondary outbreaks of the virus? Join Richard Carter to find out more and with many people nervous about resuming activities like flying, hear Sanjay Patels thoughts on the fallout for Airbus and Boeing.
Aviva Investors: COVID-19 and a brief history of emerging market debt
The scale and speed of COVID-19s impact on global financial markets has caused emerging market debt returns to decline at a pace not seen since the global financial crisis.
Quilter Cheviot: Europe reopens
Following on from the success of our Breaking down Brexit podcast, we have updated the Weekly Comment to include a podcast from our Research team on what they are looking at in markets. The Markets Uncut podcast will discuss topical issues for the global economy, featuring expert speakers based on the news stories of the day.
Aviva Investors: COVID-19: The impact on European real estate
As the spread of COVID-19 and government response continue to evolve, we analyse recent developments and how they could affect European real estate.
Square Mile Research: Talking At Home With Mike O'Shea
Read the latest in the series with Premier Miton Investors Chief Executive Officer, Mike OShea, talking communication and wellbeing at home with Richard Romer-Lee, Square Mile.
Rathbones In the KNOW blog: Responsible recession
With the world in lockdown and experiencing the worst recession in living memory Matt Crossman, our stewardship director, ponders whether the recent trend toward ESG was a luxury afforded by the longest bull market in living memory.
Quilter Cheviot: Diary of a Fund Manager Back and forth
In this weeks Diary, a quick look at a few of the cracks appearing in the façade of the global economy, thoughts on the staged recapitalisation of business and an update on investment management using artificial intelligence.
Aviva Investors: COVID-19: This time is different?
While the COVID-19 pandemic may be unlike anything financial markets have experienced before, the past still offers valuable lessons for investors trying to make sense of the crisis, explains Euan Munro.
Square Mile Research: Talking At Home With Ben Rogoff
In the third instalment of Square Miles new Talking At Home series, we are talking stock hunting and headlines at home with Ben Rogoff, Director of Technology, Polar Capital and Richard Romer-Lee, Managing Director, Square Mile.
Rathbones In the KNOW blog: Sofa, self-isolation and S&P 500 put options
Instead of reclining poolside on a June holiday abroad, our multi-asset investment specialist Craig Brown is resigned to a staycation. But there will no doubt be plenty of work to keep him and the multi-asset team very busy this year.
Rathbones In the KNOW blog: Uncharted territory
During times of crisis, the way companies respond can have a major impact on society as a whole, not just their balance sheets. Rathbone Global Sustainability Fund manager David Harrison discusses why he believes companies with strong sustainability principles have a greater potential to weather the pandemic.
Columbia Threadneedle Investment: European equities: video update
Client Portfolio Manager Francis Ellison explains how the European equities team are working during the current crisis, the main impacts the team are seeing and their outlook for the region.