Industry news and views from Panacea and our partners.

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Artemis Outlook: Corporate Bonds


In this short video, we ask our fund managers where they are actively investing to capture the next phase of growth and how they are positioning portfolios to navigate ongoing macroeconomic risks.

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BNY: Time to Allocate to Fixed Income


Income-based returns are back, and investors no longer need to risk equity-type drawdowns or sacrifice liquidity to achieve their investment objectives. In our view, it is an opportune time to increase fixed income allocations.

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M&G: Coaching the retirement mindset from saver to spender


This piece explores the emotional and financial shift your clients face as they move from saving to spending, and how you can support them in making the most of their accumulated wealth.

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M&G: Beyond U.S. Exceptionalism: Why Global Market Dynamics Matter More Than Ever


Explore how global market shifts are creating new opportunities for diversified portfolios - find out why looking beyond the US matters.

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The Investment Outlook 2026 - Introduction


Discover how global transformation and resilient growth will shape 2026. Where are the new opportunities and how can you future-proof your portfolio? Read our latest insights.

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T.Rowe Price: Minds, machines and market shifts


AI is driving real change, but bubble concerns are growing. Investors must balance exposure to AI with broader opportunities and enduring risks in 2026.

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PIMCO: Charting the Year Ahead: Investment Ideas for 2026


After a year of broad-based gains, many investors feel both upbeat and uncertain looking toward 2026. Equities extended their bull run in 2025, but valuations remain historically stretched amid a sharp dispersion of returns across sectors. Cash offered both safety and income for a while, but it no longer seems attractive as the Federal Reserve cuts interest rates. And the U.S. economy appears resilient, yet a K-shaped split shows prosperity for wealthier households diverging from mounting strain for others.

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BNY: 6 FOR 2026


Investors are navigating markets that feel familiar yet fundamentally different. Growth is uneven but still has room to run. AI is transforming productivity, yet its impact on profits is still being tested. Meanwhile, rates across the globe are moving in different directions.

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M&G Investments: Investment Perspectives 2026 Outlook: Searching for value amid the euphoria


As 2025 draws to a close, investors are digesting the disruptive events they were forced to navigate. Extreme volatility was all too often the prevailing backdrop; the ‘Liberation Day’ tariffs crash, ongoing geopolitical conflict, a US credit rating downgrade and increasing questions about AI-led market momentum.

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Artemis: On the Profit trail of tomorrow


After a strong year for global markets, we ask our fund managers where they are actively investing to capture the next phase of growth and how they are positioning portfolios to navigate ongoing macroeconomic risks.

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Pictet: The investment landscape in 2026


Global equities should build on their gains next year, with emerging market stocks delivering among the best returns. In fixed income and currency markets, government bond yields could edge higher over 2026 while the US dollar is set to depreciate further.

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Wealthtime: A content hub with advisers in mind


Every month Wealthtime speaks to hundreds of advice professionals and a persistent theme that seems to be exercising the minds of those who have been in the profession a while is this: How do we make sure advice as a business is attractive enough for the next generation of advisers to take over when the time comes to exit?

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Wealthtime: Autumn Budget 2025


The Budget has been delivered and advisers are getting to grips with what it means in practice. Working with the experts at Technical Connection, we’ve put together a complete support package to help you pick apart the detail.

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Schroders: Outlook 2026


Where to find resilience and returns against a backdrop of uncertainty, volatility and opportunity: our experts look ahead to 2026.

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AXA IM: Investment Institute


Bringing together experts from across our research and investment teams to help you make more informed investment decisions.

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Scottish Mortgage’s Tom Slater on the New Growth Epoch


Tom Slater, manager of Scottish Mortgage, argues that artificial intelligence represents a paradigm shift set to reshape the global economy with unprecedented speed.

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Rathbones Asset Management - In The KNOW blog: Revolutions often eat their heroes


As the AI revolution really kicks into gear, several big-name stocks have soared above the rest of the market. Rathbone Global Opportunities Fund Manager James Thomson explains why he’s using investors’ FOMO to diversify.

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"Sticky, not scary": Why investors shouldn't fear inflation


The mood music for government bond markets is about to change. After a steady drumbeat of interest rate cuts over the past couple of years, the easing cycle is grinding to a halt. The reason for this is inflation, which has been stubbornly persistent across the G10 economies.

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Artemis: Why dodgy data is damaging the investment case for UK equities


The Office for National Statistics (ONS) plays a major role in informing government policy. In turn, government policy plays a major role in shaping many investors’ decisions. But is ONS data really an indisputable guide to the health of British businesses?

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Pictet: Tech for positive change


Digital technologies and AI can help businesses accelerate their sustainability efforts and deliver lasting positive impact — including shrinking the sector’s own environmental footprint.

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Schroders: A snapshot of the world economy in Q4 2025


Our latest economic snapshot outlines revised global growth and inflation forecasts, examines diverging policy paths across major economies, and considers the impact of a newly dovish Fed on markets.

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Pictet: AI: the next chapter


The AI boom is creating a sense of optimism around the world – but also concern about a potential new bubble. We believe AI continues to offer attractive investment opportunities, supported by strong demand from both businesses and consumers.

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Schroders: Our multi-asset investment views – November 2025


We maintain a positive view on equities, supported by steady growth, Fed easing and resilient earnings. Credit has been upgraded to neutral after a reset in spreads, while we turn negative on energy as we expect supplies to exceed demand forecasts.

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A new way to invest in the Smoothed Wesleyan With Profits Growth Fund


Aberdeen has launched the new Aberdeen Self-Invested Personal Pension (SIPP) on its Wrap platform - providing advisers and their clients with an additional, flexible route to access the Wesleyan With Profits Growth Fund.

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Fidelity Adviser Solutions: Autumn Budget – beyond the headlines


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Rathbones Asset Management - The Sharpe End podcast: Taxing your home for Christmas


The Christmas jumpers and mince pies are out for the Multi-Asset Team as they enjoy that magical time of the year where they review Fund Manager David Coombs’ market predictions for 2025. How wrong was he this time? Or did he manage to turn it around for once? Did he divine the direction of UK growth and bond markets? What about the fortunes of US equities and presidential politics? All will be revealed.

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Rathbones Asset Management - In The KNOW blog: Sunny side up


Engagement Analyst Jenny Twigg preps her New Year’s resolutions early. She’s already committed to celebrating something life-affirming each day. Luckily, her conversations with companies are delivering plenty of cheer.

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T.Rowe Price: Minds, machines and market shifts


Artificial intelligence (AI) is no longer just a promise – it’s powering measurable change across the global economy and financial markets. After years of hype and speculation, the AI boom has crossed a critical threshold: Ideas are becoming infrastructure, and investor focus is shifting from AI’s potential to its profitability.

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Rathbones Asset Management - In The KNOW blog: I’m a sustainable investor… get me out of here?!


President Donald Trump’s fierce pushback against renewable energy earlier this year left the sector reeling. Sustainable Multi-Asset Investment Specialist Rahab Paracha explains why she’s convinced that investor appetite for sustainable investments should continue to grow despite political headwinds.

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Artemis Webinar: A strategic bond portfolio built to navigate volatility


Tuesday 9 December, 10am Register to hear from David Ennett and Liam O’Donnell, two of the managers of the Artemis Strategic Bond Fund, to understand how there can be more reliable and consistent ways of generating alpha than taking major macro or duration calls.

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BNY: Managing risk and volatility in multi-asset


BNY Investments Newton FutureLegacy portfolio manager, Paul Byrne discusses how multi-dimensional research and an active, dynamic approach to portfolio management helps deliver diversification and manage volatility within target managed bands.

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BNY: The debt vs. growth dilemma: a multi-asset perspective


BNY Investments Newton multi-asset managers Simon Nichols and Janice Kim tour the US, Europe, UK and China, pinpointing how each market’s nuances are shaping their multi-asset strategy positioning.

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BNY: Bullish on Fed easing?


As expected, the Federal Open Market Committee delivered another 25-basis point rate cut. Investors are now focused on the pace of cuts from here. However, the more important driver of future equity returns is whether the Fed is easing into an economy that is growing or not.

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UK Budget: What Investors Should Know


While the Chancellor met her fiscal rules with unexpected headroom, the real challenge lies in delivering on future commitments.

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BNY: Bubble or is this market different?


The S&P 500 is up 14% year to date after gaining more than 20% annually over the past couple of years. Valuations are certainly elevated, but we believe the market is in a new world where higher multiples are normal rather than stretched.

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PIMCO: From Cycles to Structure: Europe’s Investment Story


Europe is investible again—but the playbook is changing. In this episode, Nicola Mai, PIMCO’s Economist and Sovereign Credit Analyst, alongside PIMCO Portfolio Managers, Konstantin Veit and Sara Adjir break down their insights on Europe’s evolving economic landscape and where investors can find value today.

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PIMCO: Credit Unwrapped: The Active Advantage Across Public, Private, and Everything In-Between


Fixed income is back in focus—and active management has never been more critical. In this episode, Christian Stracke, PIMCO’s President and Rupert Harrison, Senior Adviser at PIMCO, share their insights on how PIMCO positions portfolios for what’s next across the capital spectrum.

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PIMCO: Tariffs Are Here to Stay


Expectations are high that the U.S. Supreme Court will rule against the Trump administration’s use of the International Emergency Economic Powers Act (IEEPA) – the 1970s legislation that allows a president to declare a national economic emergency – to justify tariffs. Betting markets had placed the odds of a ruling in favor of the president’s use of IEEPA at about 40% before the recent oral arguments on November 5, but since then, the odds have dropped to roughly 20%, according to outcome trading platform Kalshi.

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T.Rowe Proce: AI: Potentially the biggest productivity enhancer since electricity?


The internet delivered a powerful boost to productivity, but AI looks set to surpass it just three years after the launch of ChatGPT.

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T.Rowe Price: Three big reasons why smaller stocks deserve attention


Are small- and mid-cap stocks poised for a glow-up? Smaller companies are trading at some of their steepest discounts in decades. Central banks are in easing mode. Merger and acquisition (M&A) activity has accelerated.

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