Industry news and views from Panacea and our partners.
Investment Commentary_
Seneca Investments Managers: Searching wider for ISA income this year?
LF Seneca Diversified Income Fund is eligible for your clients' ISAs Here at Seneca IM, we understand that investors are having to search wider for an attractive income in their ISA. This is where our Diversified Income Fund can deliver.
M&G: Is the US bull market long in the tooth?
This March marks the 10-year anniversary of the longest bull market in history that has been ploughing on in the US since early March 2009. In this latest article, Ritu Vohora discusses the shift focus of the Fed, inflation, debt and current opportunities with our fund managers across equities, fixed income and multi asset.
Aviva Investors: ESG focus: China's green mission
China's recent emphasis on environmental issues may be a welcome relief to Trump's climate change denials, but is there a disconnect between state rhetoric and the practices of its companies?
Schroders: Are investors too pessimistic on European shares?
European equities had a tough 2018 with the benchmark MSCI Europe index falling 10.6% over the year. Trade wars, reduced support from central banks and slower economic growth were among the factors that saw higher risk assets such as equities fall out of favour.
Rathbones In the KNOW blog: Dont bet the house on it
Rathbones head of asset allocation research Ed Smith explains why advisers should encourage their younger clients not to rely on property wealth when it comes to funding their retirements.
Aviva Investors: The future of transport: mapping the way ahead
New technologies, including electric and autonomous vehicles, big data, blockchain and artificial intelligence, will have significant consequences for the transport sector and beyond.
Aviva Investors: Interest rates on hold, but not in reverse
Financial markets have surged since the start of the year after central banks appeared to put monetary policy tightening on hold. Our investment teams give their views on where monetary policy goes next and what that means for asset prices.
Invesco: Beyond Brexit UK equity market
As the Brexit deadline looms, Mark Barnett, Head of UK Equities shares his thoughts on the current state of the UK equity market. Are investors being too pessimistic?
Scottish Mortgage: Resolute Investors Part 2
James and Tom continue their discussion, moving on to talk through portfolio companies which are at the forefront of significant change in their industries.
Aegon: Key market events in 2018
Take a look at our Core Risk Profile Portfolios - quarterly investment report for an overview of the markets in 2018 and quarter four 2018, including the key events that shaped investment returns. You can also find out more about the seven funds in the range and how they performed.
M&G Investments: Impact isnt ESG
While responsible investing is hardly a new concept, there is a fair degree of confusion around what is meant by ESG and how this fits into the broader spectrum. Veronique Chapplow, Investment Specialist, discusses ESG and how it does not always equal ethical in her latest article.
M&G Investments: Webcast: Are we really at the end of the cycle?
Register for our next webcast with Richard Woolnough, fund manager of the M&G Optimal Income Fund, where he will share his latest macroeconomic thinking and how this is impacting the funds positioning. The webcast is on Tuesday 26th March at 10am.
Aviva Investors: The ties that bind the future of Europe
Brexit continues to dominate headlines in the UK, but the European Union faces other long-term challenges, from the rise of Euroscepticism in Italy to the stalled progress of euro zone reform.
Rathbones In the KNOW blog: Reality cheque required
Nothing hurts more than expecting a cheque yet receiving a bill. Unfortunately, this is happening to millions of Americans right now, explains chief investment officer Julian Chillingworth.
Invesco: Where now for bonds?
What are the prospects for bond markets for the rest of the year and where are the opportunities? the Henley Fixed Interest team give their view on recent market developments and where they are seeing value in this Q&A.
Aegon: Top five investment opportunities and pitfalls in 2019
Are your clients concerned about potential stockmarket upheaval this year? Nick Dixon, Aegons Investment Director, gives his top five investment predictions for 2019.
Rathbones In the KNOW blog: Beats me
Nothing hurts more than expecting a cheque yet receiving a bill. Unfortunately, this is happening to millions of Americans right now, explains chief investment officer Julian Chillingworth.
M&G Investments: Webcast: Investment Opportunities in Infrastructure
Register for M&G and Sharing Alphas webcast with Alex Araujo, Fund Manager of the M&G (Lux) Global Listed Infrastructure Fund on Tuesday 19th March at 2pm. During the webcast, Alex will discuss the opportunities he sees in the infrastructure sector and will be answering questions from the audience.
Schroders: Income and growth - can you have both?
Can you have your cake and eat it? Many investments, including equities, appreciate in value while also generating some income. You can reinvest your income to boost your long-term returns or you can withdraw it leaving less left in the pot.
Latest Factsheets from Seneca Investment Managers
The value of Seneca - applying a value ethos across a range of assets: why restrict good thinking to just one asset class when it can be applied to many? Please find the latest fund factsheets for the LF Seneca Diversified Income Fund and LF Seneca Diversified Growth Fund linked below. We hope you find them useful.
Schroders: Our multi-asset investment views for February 2019
In this month's multi-asset views we discuss the potential for modest gains in risk assets, while remaining mindful that economic growth is weakening.
M&G Investments: Earnings season some welcome surprises?
Watch this months video where Ritu Vohora, Investment Director, offers some key takeaways following the latest round of quarterly earnings announcements. Results were better than feared, with actual reported earnings surprisingly positive, particularly in the US.
Seneca: Searching wider for ISA income this year?
Here at Seneca IM, we understand that investors are having to search wider for an attractive income in their ISA. This is where our Diversified Income Fund can deliver.
Schroders: China cuts growth target, but no signs of mega stimulus
China lowers its 2019 growth target to 6-6.5%, but so far no signs of mega stimulus from National Peoples Congress
Legg Mason: Fed outlook: wait-and-see
We expect that the Fed will eventually adopt a wait-and-see strategy this year, with at most one more rate hike in 2019.
Old Mutual Wealth: Shattering preconceptions and seeing offshore bonds in a new light
Many financial advisers have preconceived ideas when it comes to offshore bonds and the type of clients they may be suitable for. However, the changing landscape and new breed of bond solutions are opening up greater opportunities, helping build renewed interest and traction in this market.
Aviva Investors: Future of the euro zone: an interview with Ashoka Mody
The received wisdom on the euro zone is that it needs to become more tightly integrated to survive. To ensure the resilience of the monetary union, fiscal transfers to peripheral economies and risk-sharing via the mutual issuance of Eurobonds are necessary and perhaps inevitable. Princeton economist Ashoka Mody takes a different view.
Rathbones In the KNOW blog: Dont blame the young
Ed Smith, Rathbones head of asset allocation research, debunks the myth that millennials have themselves to blame for the challenging financial futures they face, and provides a dose of reality for advisers and their clients of all generations to consider.
Invesco: Beyond Brexit: sourcing sustainable income and alpha opportunities
Mark Barnett, Head of UK Equities speaks about the UK equity market and how it is an attractive place for the long-term investor. Read more about, opportunities in domestic stocks, and his long-term investment approach.
Rathbones In the Know blog: Bad excuses for bad businesses
Almost two hours late and on his third pair of trousers, our head of multi-asset investments, David Coombs, isnt in the mood for half-baked equivocations by UK company managers.
Schroders: This is why UK house prices might be sturdier than you think
Brexit uncertainty appears to have hit sentiment for UK property, but while certain sentiment indices have led to gloomy headlines, actual home price results have been much better.
Seneca Investment Managers Multi-Asset Market Winter Review and Outlook for 2019
Seneca IMs Head of Business Development, Stephen Hunter speaks with Peter Elston, CIO, as they discuss his outlook for 2019 as well as the reasons for a late 2018 Kaboom.
Legg Mason: Tilting Toward Accommodation
Subdued global inflation should provide monetary policymakers with a ramp to be more accommodative and perhaps pull back from their normalization efforts. Were encouraged by the Fed's latest commitment to be more data-dependent.
M&G Investments: The Journey of Sustainable Investing
What we think of as sustainable investing has developed significantly over many years and is now a key item on the agenda. Maria Municchi, Fund Manager, discusses this development as well as outline the multi asset approach to better align the financial and sustainable goals to contribute towards a more sustainable future.
Scottish Mortgage Invest in Progress
Scottish Mortgage is the UKs largest investment trust. Join joint managers James Anderson and Tom Slater, as they discuss why they believe that it is the impact of a very small group of exceptional companies leading fundamental change in industry, the economy and society that is driving returns for long-term investors. Watch the film to discover how they invest in this progress. Capital at risk.
Legg Mason: Slowing Fast Fashion
The sustainability credentials of the US$1.3 trillion global fashion industry are coming under heightened scrutiny. In the last 15 years, world clothing production has almost doubled, with more than 300 million people employed along its value chain. However, the growth of this huge industry has come at a significant cost, and there is now increasing awareness of its outsized environmental and societal impacts*.
M&G Investment: A new route to sustainable investing?
Investing provides the opportunity to take part in the world economy, share its challenges and opportunities and influence our future. Discover M&Gs new multi asset approach to sustainable investing in this short video with Maria Municchi, Fund Manager of the recently launched M&G Sustainable Multi Asset Fund.
Tailwind in 2019: Global Inflation
Low inflation and disciplined central banks in much of the world is especially good news for emerging markets.
Invesco: Five issues to watch this week
Last week brought disappointing data from several countries. This week, Kristina Hooper Global Market Strategist expects the FOMC meeting minutes to be the most important event for markets.
Aviva Investors: The AIQ Podcast: Ethics & Alpha - by Steve Waygood
Does investing responsibly mean sacrificing returns? Such a seemingly simple and innocuous question can cause all manner of confusion.