Industry news and views from Panacea and our partners.
Investment Commentary_
Pictet: Feeding the world with bio-agriculture
A growing population and changing climate may put strain on the worlds food production. A new generation of biostimulants could help solve the problem while protecting our environment.
Aberdeen: Macro: finding conviction in a world of higher geopolitical risk
Geopolitics is increasingly driving inflation, volatility and returns. Frequent supply shocks challenge traditional diversification assumptions. In a changing world, what matters most for investors and how should portfolios evolve?
BNY: Vantage Point: Pressure Points Q2 2026
Welcome to another edition of Vantage Point, the quarterly economic and markets outlook from the BNY Investment Strategy & Research Group
Schroders: Monthly markets review - April 2026
An overview of global markets in April, as equities staged a strong recovery with Asian emerging markets leading the way.
Aberdeen: House View: staying invested, but trimming risk after the rebound
Equity markets have rebounded sharply from the initial Middle East shock. The ongoing global economic expansion supports staying invested across markets with strong fundamental drivers but elevated geopolitical risks argue for trimming exposure and adding diversification.
BNP Paribas: Barometer: Prospects for US, emerging market stocks remain strong
Applying an absolute return approach to investing in convertible bonds has historically provided steady returns for investors across various market cycle: returns remained resilient during, for example, the COVID pandemic and the Ukraine war. Even now, with the Iran conflict, this approach has continued to be a safe heaven.
Pictet: Barometer: Prospects for US, emerging market stocks remain strong
Even though there is no end in sight to the Iran conflict, the outlook for both emerging market and US equities remains positive; we upgrade both to overweight.
Artemis - 25 Years of Smarter returns
Smarter than ever? As SmartGARP reaches its 25-year milestone, founder and fund manager Philip Wolstencroft discusses why he creating the stock picking process, why it will outlast him, and the importance of focussing on the data.
Schroders: When markets test conviction, trust the process
In highly volatile markets the pressure to act can be overwhelming. A disciplined investment process helps resist costly reactions.
Aberdeen: How multi-asset solutions such as MyFolio align with FCA CP26/10
Recent FCA proposals reinforce the role of outcome-oriented portfolios. Heres why.
BNY: Markets since Iran conflict
Markets are reacting to the Middle East conflict with sharp moves across asset classes, signaling broad risk repricing and shifting safe?haven behavior. While volatility is elevated, fundamentals like earnings growth continue to support our constructive outlook.
Schroders: Our multi-asset investment views April 2026
We remain positive on equities, but the disruption to energy supplies caused by the Middle East conflict may persist longer than originally thought.
Aberdeen: The Investment Outlook Introduction
Market stress doesnt create new risks, it reveals old ones. What lessons from past crises still matter most today, and how can disciplined investors build resilience amid uncertainty?
BNY: Transforming Retirement Planning
Retirement planning in the UK has never stood still, but the ground is shifting more quickly and more meaningfully than many clients and some firms might expect.
Rathbones Asset Management - The commodity surge: why selectivity matters
Gold, copper and oil prices are all surging, but were not calling a broad-based commodity supercycle for now. And, as Multi-Asset Fixed Income Research Analyst Sally Hoang explains, todays unique drivers behind each price spike argue for a surgical, precise approach to commodity allocations not a lump-sum bet on the whole basket. Read more
Rathbones Asset Management - The Sharpe End podcast: Power Struggle
South Korea has leapfrogged the UK to become the worlds eighth-largest equity market, prompting the team to consider the implications for geographic allocation within portfolios. Next, to mark the five-year anniversary of our sustainable multi-asset portfolios, we reflect on how sentiment toward renewable energy has evolved and how the rise of AI has fundamentally reshaped global power demand. Finally, we shine a spotlight on Veralto, a US-based water-treatment and quality-control business.
Scottish Mortgage Portfolio Update Q1 2026
Investment Specialist Chloé Darling-Stewart explores why artificial intelligence represents a defining paradigm shift, examines the portfolios exposure to companies at the forefront of this transformation and outlines how Scottish Mortgage is positioned for what comes next.
Aberdeen: Enhanced Index at 10: what a decade of disciplined investing has taught us
Quant Ten years, ten questions the insights behind our approach.
BNP Paribas: Quarterly Outlook - April 2026
Where now for the global economy in 2026? How are central banks responding to persistent inflationary pressures and shifting growth dynamics? What do rising bond yields mean for fixed income investors? And can equities continue to show resilience despite geopolitical uncertainty?
BNP Paribas: Five reasons to consider US short-duration high yield bonds
Short duration high yield bonds may potentially help investors navigate periods of market volatility while delivering a stable income stream.
Aberdeen: Who is winning the US-China 'AI race'?
Artificial intelligence is fast becoming a new front in global competition. Is this the defining US-China rivalry of the 21st century and what really matters in determining who comes out on top?
BNY: Smart strategies for outperformance in fixed income
Insight Investment outlines seven strategies skilled active managers can use when seeking to generate excess returns relative to benchmarks.
Schroders: An astronauts guide to value investing
A meaningful connection between value investing and space exploration is just one small step
Aberdeen: Finding conviction in a world of higher geopolitical risk
Predicting the outcome of any particular geopolitical event is difficult, but we can have conviction in some of the broader investment implications of persistently elevated geopolitical risk.
Schroders Equity Lens April 2026: your go-to guide to global equity markets
Strong earnings forecast despite stagflation risks.
Artemis: Why the Middle East crisis hasnt derailed the emerging market recovery
As markets digested the impact of the first waves of conflict in Iran, the focus quickly moved onto energy and commodity prices and what they would mean for the global economy.
Schroders: Quarterly markets review - Q1 2026
An overview of markets in Q1, when the conflict in the Middle East saw commodities gain while other asset classes declined.
Pictet: AI and J-curve: more pain before bigger gain
Investors should brace for a deeper and more costly AI-driven adjustment before they see long-term rewards.
BNY: Global Credit: 10 years of stability and consistency
The BNY Mellon Global Credit Fund celebrates 10 years. Adam Whiteley, head of global credit at Insight Investment, reflects on the Funds success, key active calls, the case for global credit today and future positioning.
Schroders: CIO Lens Q2 2026: Building diversified portfolios for uncertain times
In this quarter's CIO Lens, our investment experts highlight the need for resilient portfolios as developments in the Middle East increase uncertainty for investors.
Aberdeen: Building Europe's backbone: the sustainable power of industrial real estate
Europe is facing rising security pressures, exposed by recent conflicts, alongside growing risks from an overdependence on foreign suppliers.
BNP Paribas: View from the Markets: The interest rate threat
Equity markets continue to swing in reaction to US President Donald Trumps latest social media post or interview going one way if the news is of positive progress in negotiations (albeit denied by Iran), or the other when an escalation of the conflict seems imminent.
Schroders: What does stagflation mean for equity investors?
Concern is growing that an energy shock triggered by the Iran war will lead to a period of stagflation, something that may make investors wary. But history suggests stocks in an environment of low growth and high inflation may not perform as poorly as investors fear.
Rathbones Asset Management - The Sharpe End podcast: War and Cease
With headlines and tweets about the Middle East continuing to come in hot, this month Rathbones Asset Managements multi-asset team explores what has changed and what hasnt. The focus then shifts to commodities, covering energy, metals and everything in between.
Quilter: Simple and transparent smoothing
The Quilter Smoothed Funds in partnership with Standard Life designed with simplicity and transparency in mind, to help you and your clients easily understand how their pension savings are managed.
Aberdeen: How are investors responding to the Iran conflict?
A longer-than-expected Middle East conflict has sent oil prices soaring but the real story is how this shock is rippling through markets, overturning long held assumptions about risk, diversification and safe havens.
Aberdeen: High-yield bonds: a timely opportunity for income-seeking investors?
Recent geopolitical tensions, particularly the war in Iran, have reminded markets that interest-rate volatility is a key risk.
Pictet: Beating volatility with bonds
In times when uncertainty is the only constant, unconstrained fixed income investing shows its true worth.
Fidelity Adviser Solutions: Helping clients with their financial wellness
If youve ever felt that clients money worries run deeper than the numbers, this five part video series from Fidelity Adviser Solutions is for you. Each short session shares practical, real-world ideas you can use straight away to spark better conversations, boost confidence, and make planning feel clearer and more human for you and your clients. Watch now
Fidelity Adviser Solutions: AI in financial advice and FCA expectations
AI is reshaping financial advice, and the FCA is sharpening its focus on how firms use it. In this article, Fidelity Adviser Solutions outlines the regulators expectations around governance, data use, and client outcomes highlighting what advisers should be thinking about as AI becomes more embedded in everyday processes. A concise, practical overview for anyone wanting to stay aligned with emerging regulatory standards.