Industry news and views from Panacea and our partners.
Investment Commentary_
Rathbones In the KNOW blog: Sold out
With lots of things getting mispriced in the midst of the coronavirus panic, our chief investment officer Julian Chillingworth extols the virtues of keeping calm and looking beyond the current disruptions.
AXA Investment Managers: Are UK equities in a sweet spot?
Following a drawn-out period of stagnation, UK business and economic activity looks like its picking up again and with it, investor interest in UK equities. We believe the UK market is currently enjoying a sweet spot, and heres why.
Square Mile Research: Coronavirus: is the markets reaction overblown?
Action to contain the new coronavirus, involving travel restrictions and quarantine areas, is economically damaging. Recent falls in stock market reflect this, but is this market reaction overblown?
Aviva Investors: Broadening global investment-grade horizons
UK investors considering whether to allocate to global investment-grade credit may discover the broader diversification benefits can significantly improve a portfolios overall risk dynamics.
Why have European equities performed so well in 2019?
Prospects for European equities in 2020 are looking increasingly positive. For much of 2019, European equities were an unloved asset class, shunned by investors. At first sight, this was understandable the region is growing only slowly, wracked by political tensions and wrestling with headwinds in vital sectors such as the German car industry. Discover how the ASI Europe ex UK Equity Fund uses global resources, analysis and a 16-strong team with experience across market cycles to identify the exceptional European companies that can offer a smart combination of upside capture and downside protection.
FundsNetwork: Client-facing guide to pension and ISA allowances
FundsNetworks guide to pension and ISA allowances can help support your conversations with clients at this time of the year. It sets out the key information your clients may need about tax to understand how they can make the most of their savings. You'll find this guide under the 'Client' segment in both the 'Pension' and 'ISA' sections of FundsNetworks tax year end hub.
Aviva Investors: Three trends to watch in UK long-income real estate
In an era of low interest rates and rising maintenance costs, the benefits of long-income assets within UK real-estate portfolios are hard to ignore. Tim Perry looks at three key trends that are influencing the UK long-income market.
Aviva Investors: Cwtch: Has capitalism gone cuddly?
In the first of a new editorial series, Link, AIQ brings together people from across Aviva Investors to debate topical themes. Mirza Baig and Stephanie Niven consider whether CEO claims about running businesses for multiple stakeholders rather than shareholders alone is a grand idea or just plain grandstanding.
M&G: Is the Greta effect going to last?
A question I have often been asked lately is is the Greta effect going to last?. How much influence is this public figure going to have and are the social movements she inspired really going to transform our society?
Rathbones In the KNOW blog: Just paying lip service?
David Harrison, manager of the Rathbone Global Sustainability Fund, having seen first-hand the growing trend of responsible capitalism in America, makes the case for getting up close to see whether companies are really serving all their stakeholders, or just paying lip service.
Rathbone UK Opportunities Fund
Alexandra Jackson, saw her Rathbone UK Opportunities Fund outperform the sector, in what was a turbulent year of highs and lows. She looks to the future, and explores whether weve seen the last of the Boris Bounce.
Aviva Investors: Multi-asset allocation views: Why the bull run in global equities could continue
Sunil Krishnan discusses the conditions for a continued rise in global equities, the potential of Japanese and US equities to outperform from a regional perspective, and some attractive features of emerging markets particularly Brazil which may have been overlooked.
Columbia Threadneedle Investments: Asian and emerging markets equity update - 2019 overview and 2020 outlook
Asian and emerging markets equity update - 2019 overview and 2020 outlook
Rathbones In the KNOW blog: Escaping the ivory towers
The latest tech innovation may seem compelling, until you leave the group think echo chambers of Londons ivory towers. Head of multi-asset investments David Coombs considers how looking beyond the M25 can help us see whats going on in the real world.
Square Mile Research: A Spotlight On: IA Asia Pacific excluding Japan Sector
There are the obvious attractions to the Asian region, such as favourable demographics, growth in urbanisation and economic expansion. Access our latest adviser insights by registering for our Academy of Funds.
Rathbone High Quality Bond Fund
Noelle Cazalis, Rathbone High Quality Bond Fund manager reflects on a good performance for a relatively new fund and the key driving factors during the funds inaugural year.
Rathbone Global Opportunities Fund
James Thomson, who has managed the Rathbone Global Opportunities fund for over 15 years, deep dives into another successful year which saw the fund outperform the sector, with a first quartile positioning.
Columbia Threadneedle Investments: Out with the old, in with the new
Our fixed income team provide their weekly snapshot of market events.
Columbia Threadneedle Investments: European equities, Brexit and Blur
Its episode seven, and were talking to Philip Dicken, Head of European Equities, and Mine Tezgul, European Smaller Companies Portfolio Manager.
Aviva Investors House View 2020: Risks recede growth on a better trajectory
Having declined for the past 18 months, global growth is expected to gradually improve over the course of 2020. While we do not expect growth to rise above potential through the year, it does represent a somewhat better growth outlook than we had previously expected.
Rathbones In the KNOW blog: Chasing our tails in the Year of the Rat
Chief investment officer Julian Chillingworth reflects on an inauspicious start to Chinas New Year. Meanwhile, the UK has quietly left the European Union (EU), but both sides are turning up the volume as negotiations begin over the final settlement.
Square Mile Research: Talking With Hanneke Smits
Talking ESG integration, being Non-Exec at the Bank of England and giving something back with Hanneke Smits, Chief Executive, Newton Investment Management and Richard Romer-Lee, Square Mile.
Aviva Investors: Multi-asset allocation views: Uncertainty clouds the outlook for European assets
Sunil Krishnan considers whether Europe can break out of its economic malaise and the factors investors should watch out for in 2020.
Rathbones In the KNOW blog: Sun, sea and S&P 500 put options
You should be fixing your roof when the sun is shining, as the saying goes. Our multi-asset investment specialist Craig Brown has been booking his holidays when the rain is pouring. His golden rule: dont gamble, take the insurance.
Rathbone Global Sustainability Fund
Carl Stick, Executive Director, stands in for Fund Manager David Harrison to discuss one of the hottest topics of the moment ESG.
Fundsnetwork: PROD 3 and 4 what you need to know
As part of MiFID II, the FCA introduced the Product Intervention and Product Governance Sourcebook (PROD) rules in January 2018. Research has shown that some advisers are unaware of how the rules apply to them.
Aviva Investors: Multi-asset allocation views: The pros and cons of higher-yielding fixed income
Sunil Krishnan asks whether higher-yielding fixed income assets remain good diversifiers for multi-asset portfolios in the current environment.
Columbia Threadneedle Investments: Europe needs new approach to escape economic malaise
With monetary policy seemingly reaching the limits of its effectiveness, another approach is required for the continent to avoid Japanification. We believe a focus on productive sustainable investment could not only stimulate growth, but also bring about social and environmental benefits.
Baillie Gifford: The Digital Archipelago
Two of Southeast Asias biggest nations are following china into rapid tech-led growth says Ewan Markson-Brown, co-manager of Baillie Giffords Pacific Fund.
Columbia Threadneedle Investments: Chinese New Year is a red-letter day even as tech marches on
Technological developments are changing almost every facet of our lives even how we celebrate this most traditional festival.
Square Mile Research: A common approach to responsible investment
With greater focus on how investment management firms can bring about a more sustainable world; find out how the IAs responsible framework aims to bring clarity and consistency to this ever-evolving topic.
Square Mile Research: A Spotlight On: Unicorn UK Ethical Income Fund
This fund benefits from a series of exclusion based screens in order to ethically invest for income in smaller and medium sized UK companies.
Rathbones: Responsible Capitalism in the US: Still pursuing green
Responsible capitalism is running hot over in the US, and it looks like its not simply a flash in the pan. Fresh from a trip across the pond, Rathbone Global Sustainability Fund manager David Harrison gives his take on why greener commerce is ascendant in America. In the first chapter of Responsible Capitalism in the US: Still pursuing green, he also notes that the politics of green can sometimes get in the way of frank conversations
Baillie Gifford: Finding Explosive Growth in Asia
Baillie Gifford investment managers Roderick Snell and Ewan Markson-Brown discuss the best ways to unleash the potential of Asia in your portfolio.
Aviva Investors: Aviva Investors House View Q1 2020 Webcast
Earn CPD points! Watch our on-demand webinar and hear Stewart Robertson, Senior Economist, and Jerome Nunan, Investment Director Multi-asset, discussing the economic outlook for 2020.
Columbia Threadneedle Investments: Investment Themes
In our latest Investment Themes video, William Davies, Chief Investment Officer, EMEA, discusses: The rise of electric vehicles Japan and its changing demographics The future for China Recession fears Equities versus credit in 2020
Rathbone Investment Insights Q1 2020: Is the winter of austerity ending?
The UKs first December general election in nearly 100 years punctuated an eventful year for politics and the economy. Financial markets experienced a series of mood swings throughout 2019, but ended on a high as investors regained their appetite for risk. Despite ongoing uncertainty, including Brexit and trade tensions between the US and China, we remain positive about the outlook for 2020.
Rathbones In the KNOW blog: Johnny-come-Januaries
The new year always drives well-intentioned yet poorly sustained get-fit-quick schemes. That leads multi-asset fund manager Will McIntosh-Whyte to wonder about the durability of subscription service customers in a downturn.
Columbia Threadneedle Investments: 2020 the year of excitement?
We are threatened with excitement in 2020, from civil unrest and ongoing trade wars to political upheaval and market volatility. We believe global economic expansion will continue at a slower, less even pace across regions. Against this backdrop of continued low growth, low interest rates and low inflation, we are aiming to tread a narrow path that balances risks to the upside such as a sudden acceleration in growth with risks to the downside, including the threat of a deeper recession. Our global approach and research intensity amid such an environment sees us well-positioned to navigate these macro and market movements.
Columbia Threadneedle Investments: Bringing our expertise to long-leased real estate
In a low-yield environment, investors seeking to de-risk their portfolios are increasingly turning to alternative assets offering attractive risk-adjusted returns over gilts and inflation. The case for real estate-backed solutions within matching portfolios is well established, and our combined property and credit capabilities and consistent investment approach are well suited to provide value to clients from this asset class.