Industry news and views from Panacea and our partners.

Investment Commentary_

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BNY: Absolute return bonds: capitalising on structural change


Insight Investment senior portfolio manager Harvey Bradley assesses the prospects for absolute return bonds in the wake of 2025 market and macro events.

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BNY: Are Trump's tariffs really inflationary?


In this video, Newton US equity income portfolio manager John Bailer shares his view on how Donald Trump’s tariff policy could impact inflation.

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BNY: Tariffs and deregulation: a US equities perspective


Newton US equity income portfolio manager John Bailer considers two tenets of the Trump presidency so far – import tariffs and deregulation – and what they could mean for certain sectors of the US economy.

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BNY: Steve: Gen X


Generation X, born between 1965 and 1980, is characterised by their independence and resilience. Having witnessed the shift from a manufacturing-based economy to a digital one, Gen Xers are adept at adapting to change. Steve shares his insights on balancing work and family life, the importance of financial planning, unexpected financial hiccups, and his vision for a fulfilling retirement.

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The Big Picture: Divergent Policies, Divergent Markets


Russell Korgaonkar explores the value of a systematic approach in an increasingly fragmented market environment.

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Q2 2025: Rising Dispersion, Rising Potential


After an extended period of relative calm, volatility has returned to credit markets. For the time being, spreads offer much better value compared to recent history. We could still see moves wider, particularly with uncertainty high and greater odds of a recession

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Tariff Breakups, Rebound Flings


This trade saga is starting to feel like a bad romcom. And the course changes are happening so rapidly that any strong view put on paper is a hostage to fortune; either useful guidance, or something to wrap the fish and chips in. Still, here goes. At the time of writing – midway through trading on 10 April, this observer would consider reducing risk exposure on strength.

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T.Rowe Price


When writing about Trump’s tariffs in February, I predicted that their bite would be worse than their bark. However, hardly any of us could have predicted the chunks that would be taken out of risk assets following Trump’s “Liberation Day” announcement on April 2. Watching the press conference, I was reminded of the opening scene of the (original) Gladiator movie, when the Romans are confronting the Barbarians. General Maximus tells his lieutenants to “unleash hell”—and a maelstrom ensues.

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Charles Stanley: Trump's 'Liberation Day' tariffs: what next for markets?


Following the ‘Liberation day’ announcements and Chinese reciprocal tariffs, what does the market reaction mean for investments and portfolio? For professional advisors only.

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Unlocking potential in 2025 with Global Infrastructure Equity


Which three big themes are converging to create infrastructure opportunity?

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Unlocking potential in 2025 with UK Smaller Companies


What makes UK small-caps an attractive strategy right now?

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MyFolio Market is merging into MyFolio Index


Find out why we’re merging these two ranges, and what the change means for your clients.

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MyFolio SAA Changes: Enhancing diversification and managing risk


Read about our Strategic Asset Allocation review and our investment priorities.

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Rathbones Asset Management - The Sharpe End podcast: It’s a kinda tariff


President Donald Trump’s “Liberation Day” tariffs, delivered on two giant placards in the Rose Garden, sent stock markets into freefall. The Rathbones Asset Management’s multi-asset investing team explains how they are unpicking what might happen next and how markets may react to further news and retaliations. The focus then switches to reviewing how the UK’s recent Spring Statement’s announcements – or perhaps the lack thereof – have left the team feeling about UK PLC. Finally, UK listed food service business Compass is on the menu as the team outlines what attracts them to the company.

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Charles Stanley: The future is bright for AIM shares


Following the changes announced in the Budget, the case for investing in the AIM market remains strong.

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Charles Stanley: Why the active vs passive debate is a false dichotomy


The debate between active and passive investing has been ongoing for a long time, but in our opinion, it has grown rather stale.

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Charles Stanley: How outsourcing investment expertise can propel your business ahead


This article looks at the benefits of outsourcing to a strategic partner and explains how it can give your business the competitive edge.

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Charles Stanley: On Demand Quarterly MPS Webinar


Watch our webinar where we discuss the economic outlook and how this guides our portfolio strategy.

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Video: How do you identify future leaders?


Artemis’ Mark Niznik tells us what he looks for in the UK smaller cap universe to identify the winners from the losers.

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Artemis: Are European equities set to fizz?


Artemis’ Jacob de Tusch-Lec says that Europe stands to benefit as investors re-think the case for US exceptionalism.

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Webinar: How to make the most of a resurgent Europe – Monday 7 April 10am


While Europe is coming back in favour, investors need to set themselves up for the future and not the past. Register to hear from Philip Wolstencroft, manager of the Artemis SmartGARP European Equity Fund, to learn how to capitalise on a resurgent continent

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BNY: 30 Minutes with Bhavin Shah, FutureLegacy Fund Range


Please complete the registration details to join our live webinar at 10.30am on the 24th April to hear from Bhavin Shah, Mixed Asset Portfolio Manager, Newton Investment Management.

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Scottish Mortgage on Joby Aviation's air taxis'


Joby Aviation’s vision of speeding passengers above gridlocked streets from A to B is getting closer. Tom Slater, manager of Scottish Mortgage Investment Trust explains what it will take to become reality. Capital at risk.

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Register now: Rathbone Ethical Bond Fund Webcast with Bryn Jones


Bryn Jones, head of fixed income at Rathbones Asset Management, is delighted to invite you to his upcoming webcast on 30 April at 10.00am (BST).

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Fidelity Adviser Solutions: Can clients have their cake and eat it?


Retirement decumulation planning is usually presented as a binary decision – the flexibility of drawdown or the certainty of a lifetime annuity. But is there a special alchemy when the two solutions are combined? Hybrid or integrated solutions haven’t yet gained significant traction but analysis suggests it may provide additional benefits to clients.

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Fidelity Adviser Solutions: A new guaranteed lifetime income option within drawdown


As part of Fidelity Adviser Solutions’ ongoing commitment to providing advisers and their clients access to an ever-growing choice of retirement solutions, they’ve launched, in partnership with Standard Life, a guaranteed lifetime income option within drawdown. The plan is designed to address the challenge of ensuring retired clients have sufficient income over their lifetimes.

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Fidelity Adviser Solutions: Tax tables 2025/26


Plan ahead with Fidelity Adviser Solutions latest tax tables – all the rates and thresholds for 2025/26.

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Baillie Gifford: Positive Change: rising to the challenge


Lee Qian, manager of the Baillie Gifford Positive Change Fund, explores the progress of portfolio holdings in a changing world from tech giants TSMC and Microsoft to healthcare innovators Dexcom and Insulet. Capital at risk.

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T.Rowe Price: In a world of flux, fundamentals (and active stock picking) matter


In an environment of increasingly wider U.S. market and economic outcomes, high-quality, “durable compounder” companies are best placed, in our view.

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Financial Planning 2024: Salary trends and industry insights


Discover the latest trends with Paul Harper Search’s highly anticipated 2024/2025 salary guide.

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Schroders: Unconstrained fixed income views: March 2025


Amid significant shifts in the global economy we see emerging opportunities on the fixed income front.

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AXA IM: Renouncing Privileges


In their pursuit of a weaker dollar, the Trump administration could renounce the “exorbitant privilege” which has allowed the US to run expansionary fiscal policies without meeting much financial constraint.

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Pictet’s Premium Brand strategy: capitalising on brand excellence for 20 years


Pictet's Premium Brands strategy, led by Caroline Reyl since its inception in 2005, focuses on capturing long-term consumer trends. It invests beyond traditional luxury sectors to include diverse premium brands with strong pricing power and high profitability.

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Schroders: Finding a disciplined approach to investing in a period of heightened volatility


Our investment and economic teams offer perspective on the recent market turbulence, with insights on how to manage both the risks and opportunities today’s conditions present.

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PIMCO: Opposing Forces Complicate the Fed’s Dual Mandate


Mounting risks to growth and inflation have the Federal Reserve taking a cautious approach to monetary policy.

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AXA IM: Market uncertainty ramps up as geopolitical tensions rise


Market performance has been challenged over recent weeks. The more benign macroeconomic backdrop that investors had in mind going into 2025 has arguably been shattered.

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Schroders: Can global equities provide benefits in any political or geopolitical environment?


The uncertainty created by political and geopolitical events does not diminish the opportunities that may be found by overcoming a domestic market bias and gaining exposure to regions, sectors and companies that can thrive amid disruption.

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AXA IM: UK companies take their destinies in their own hands


Given the lack of any macroeconomic triggers for a change in sentiment on UK equities – at least in the short term – shareholders and management in UK companies are taking it into their own hands to influence market dynamics.

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Schroders: Video: Global equities – why markets don't always follow the geopolitical playbook


Our experts explore the interplay between geopolitics and equity markets, underline the importance of diversification and explain how stock market trends don’t always correlate with political and economic headlines.

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M&G: Weekly market commentary - available now


The weekly market commentary from the investment experts at M&G Treasury & Investment office is now available for you to read and there’s also a customer-friendly version to share directly with your clients.

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