Industry news and views from Panacea and our partners.

Investment Commentary_

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Baillie Gifford: James Anderson on the Imperatives of Growth Investing


James Anderson of Scottish Mortgage Investment Trust discusses why we need to embrace risk and volatility to achieve long-term rewards.

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Rathbones In the KNOW blog: Spot the difference


2019 started with the glass half empty and ended with the glass half full. Then markets were jolted by a US missile attack as the new year began, and chief investment officer Julian Chillingworth ponders whether recent positive signs can become lasting trends in 2020.

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FundsNetwork's tax year end material to help client discussions


To help you plan and implement campaigns during this key period, FundsNetwork's tax year end hub brings together a whole range of material to support your activity and client discussions.

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Square Mile Research: Talking factsheet for the ASI MyFolio Managed Range


A range of multi-asset funds targeting a broad spectrum of risk and return objectives. View the talking factsheet for the ASI MyFolio Managed Range

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M&G: Trading places: battle of the superpowers


Equity markets were surprisingly upbeat in 2019, despite slowing economic growth, ongoing trade disputes and geopolitical tension. Can markets deliver again in 2020? Investment Specialist, Kirsty Clark reviews the ‘Phase one’ US-China trade agreement and looks at how markets could react in 2020.

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M&G Webcasts: Richard Woolnough's outlook for 2020


Watch our latest webcast with Richard Woolnough, Fund Manager of the M&G Optimal Income Fund, as he reflects on the opportunities and challenges for global fixed income in 2020.

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Invesco: Investment outlooks 2020


Invesco’s investment teams from around the globe outline their expectations for 2020 to help investors plan for the coming year, wherever the markets take us.

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Baillie Gifford: Boss Class


The best European companies are those whose management think hardest about securing future growth, says Stephen Paice of Baillie Gifford’s European Fund. Read more in Enlightenment, Baillie Gifford’s digital funds magazine.

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Square Mile Research: Broomer's Blog - Outlook December 2019


Recession risk remains heightened though the odds of one forming have dropped as the economic data shows signs of stabilising. Read the latest thoughts from Jason Broomer, Head of Investment.

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Rathbones In the KNOW blog: 2020: the year ahead. Maybe?


Our head of multi-asset investments, David Coombs, consults the tea leaves as he prepares for a new decade.

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Rfolios Weekly Broadcast


How did markets around the world fare in 2019? With fears of further US interest rate rises, the economic slowdown in China and a potential trade war in the mix in late 2018, the economic outlook for 2019 wasn’t bright.

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Baillie Gifford: James Anderson on the Imperatives of Growth Investing


James Anderson of Scottish Mortgage Investment Trust discusses why we need to embrace risk and volatility to achieve long-term rewards.

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Baillie Gifford: The Digital Archipelago


Two of Southeast Asia’s biggest nations are following china into rapid tech-led growth says Ewan Markson-Brown, co-manager of Baillie Gifford’s Pacific Fund.

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M&G: Investment outlook: What awaits us in 2020?


In this short video, hear M&G fund managers Stefan Isaacs, Tristan Hanson and Michael Bourke discuss where they see challenges and opportunities for investors in the New Year.

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Invesco: General Election 2019: What now?


The election is over and the results are in – a Conservative majority. But what could we expect looking ahead?

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Rathbones In the KNOW blog: Sleepless in Harwich


Two times a dad, our multi-asset investment specialist Craig Brown is finding it hard to learn old lessons. Like with investments, sometimes it’s painful when you just can’t leave things be…

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Celebrating two years of infrastructure investing


The M&G Global Listed Infrastructure Fund has recently celebrated its two year anniversary. The fund, which is managed by Alex Araujo, launched in October 2017 to give investors access to the compelling investment characteristics of long-life infrastructure assets.

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M&G: Opportunities in infrastructure investing


At M&G we look beyond the large assets that have obvious physical footprints, to the hidden infrastructure facilitating our increasingly digital world. In this short video fund manager, Alex Araujo, looks at the opportunities that evolving infrastructure provides investors, as well as M&G’s approach to investing in this asset class.

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Oh Jeremy Corbyn 2.0: a more radical manifesto


Our first Oh Jeremy Corbyn report at the last election expressed the view that Labour’s 2017 manifesto was not radical, despite the proclamations of Mr Corbyn’s acolytes. It was definitely populist, and clearly leftist, but there was no single policy that alone should have made capital run for the hills.

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Invesco: The Streaming Wars


As competition for streaming services increase, fixed income credit analyst Ed Craven gives his view on the likely winners and losers.

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M&G: 2020 outlook – hidden in plain sight


Equity markets have remained relatively resilient year to date, despite investors facing multiple headwinds. In this month’s video, Investment Director, Ritu Vohora takes a look back at the factors that characterised the landscape in 2019, and also looks ahead at what could influence markets in 2020.

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Invesco: Amid a host of central bank developments, one constant remains


Four central banks revisited policy, plus two new reports pointed to a continued global slowdown.

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Columbia Threadneedle Investments: Why measuring the output gap supports our asset allocation


Changes in our high frequency measure of the US output gap track accurately changes in the Fed Funds rate. This relationship highlights that the market currently prices a continuation of downward inflationary pressures, over and above what the Fed expects. This supports our asset allocation of remaining underweight government bonds and overweight lower-duration, higher-yielding assets such as credit.

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Columbia Threadneedle Investments: European gazette autumn 2019


Investors have been troubled by the region recently, with a growing feeling that it is mirroring Japan’s ‘lost decade’. But there are reasons to be positive about it, and we are bullish on defensive stocks which we believe are currently trading too cheaply

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Columbia Threadneedle Investments: Slowly, slowly does it


Our fixed income team provide their weekly snapshot of market events.

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The importance of infrastructure


Infrastructure holds an important place in the fabric of modern society, serving as the backbone of the world economy. Yet not enough is being invested in the assets that provide society's essential services. With government finances under pressure and limited expertise in the public sector, the private sector will play a significant role in the restoration and upgrade of our critical infrastructure.

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Aberdeen Standard Investments: A guide to investing for income


Having an income is a priority for many investors in both their working lives and in retirement.

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Watch the Square Mile talking factsheet on the Prufund range


Seeking to provide smoother investment returns

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M&G: 2020 Vision


Will 2020 be the year the “bond bubble” bursts? Read Jim Leaviss’ bond market outlook for 2020 as he discusses the seven trends which may make you think twice about saying goodbye to fixed income

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Square Mile Research: Artemis Global Select


A differentiated fund that seeks to take advantage of long term growth trends

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Columbia Threadneedle Investments: Asset allocation update


As 2019 draws to a close, we are strikingly neutral across asset classes and with considerably less appetite for risk than at the start of the year.

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Rathbones In the KNOW blog: Do turkeys vote for Christmas?


Misinformation is rampant ahead of the UK election, as if things weren’t chaotic enough. Multi-Asset Portfolio Fund manager Will McIntosh-Whyte worries about what plans the politicians may be hiding and how markets will react to the eventual result.

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M&G: Earnings are in: how have companies been faring?


It’s earnings season again, and results are in. In this month’s video, Investment specialist, Kirsty Clark looks at how companies have been faring. With deteriorating economic indicators and a fragile global growth backdrop, who have been the biggest winners and losers?

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Rathbones In the KNOW blog: What responsible investment looks like


Rathbones’ stewardship director Matt Crossman explains the Principles for Responsible Investing and how we’ve been putting them into practice over the past 10 years.

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Invesco: General Election 2019: the first two weeks


Graham Hook, Invesco’s Head of UK Government Relations and Public Policy sums up the campaigning so far and looks ahead to next month’s action.

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Rathbones In the KNOW blog: Making a better world, and a profit


Rathbones’ head of asset allocation Edward Smith explains why he believes that responsible capitalism is in every long-term investor’s self-interest – even if they don’t care about the societal benefits.

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FundsNetwork’s retirement and pension training Money purchase annual allowance (MPAA)


A step-by-step approach to explain the intricacies of the MPAA. What happens when it is exceeded, what's the impact on the annual allowance, what events trigger it, and much more.

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Invesco: US business cycle, Draghi legacy and UK business investment


How healthy is the US economy? European Central Bank – end of an era? How is UK business investment faring amid Brexit uncertainty?

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Aegon: 10 minute market snapshot podcast


Listen to Aegon’s investment team chat about Brexit and its potential impact, and hear a roundup of global asset class prospects

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Rathbones In the KNOW blog: DFM and investment performance


A report looking at the value of Discretionary Fund Management (DFM) has unveiled clear distinctions between two camps of advisers, the adopters and non-adopters of a third-party investment manager. Yet, one important question remains, how do the two camps compare when it comes to investment performance?

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