Industry news and views from Panacea and our partners.
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Pictet: Family businesses: outperformance through capital allocation
Owner-managers allocate their companys capital like its their own because it is.
AXA IM: German election preview: Aiming at a grand reset
Germany holds snap elections on 23 February - nine months ahead of schedule, following the collapse of Chancellor Olaf Scholz's traffic light coalition with the Greens and Free Democratic Party (FDP) in November 2024.
Schroder AsiaPacific embracing a technology opportunity that extends well beyond AI
The information technology (IT) sector performed strongly in 2024, driven in large part by excitement about recent breakthroughs in generative artificial intelligence (AI).
Pictet: China isn't turning Japanese
China's debt mountain and recent economic woes have investors worried it might be headed towards the type of debt deflation that triggered Japan's lost decades from the early 1990s. We think that's unlikely.
PIMCO: Watching the Fed Watching Tariffs and Inflation
It is not just tariffs that might affect inflation and growth but also trade uncertainty and the effects of the ambitious Trump policy agenda.
Schroder Oriental Income Fund six key themes driving Asian income and growth
Delivering a long-term total return from a region in which active managers thrive.
AXA IM: Labour Market Gap
US labour market fuels the resistance of US interest rates, which is not making an already complex fiscal equation any easier.
Pictet: Credit as a haven from the bond vigilantes
Big government deficits and rising debt loads threaten to draw the ire of bond vigilantes. By contrast, credit offers a haven for fixed income investors.
PIMCO: Navigating Global Macro Risks in 2025
Explore the evolving risks and opportunities affecting global growth and inflation in our 2025 outlook with PIMCO economist Tiffany Wilding.
Schroders: Global developments in sustainability regulation and policy Q4 2024
We highlight the latest sustainability policy milestones that are shaping the investment industry.
AXA IM: CIO Views: Steady income should not be overlooked
Many bond investors have been enjoying higher income returns as the average rates (coupons) being paid on bond indices has been rising since 2021 and are likely to continue to do so as lower coupon bonds issued before 2021 mature.
M&G Wealth: Consumer Understanding in a Consumer Duty World
It will come as absolutely no surprise that communicating to clients clearly and punctually goes some way to delivering good outcomes for them.
M&G Wealth: Calculating the tax liability Individuals and non-bare trusts
11/03 at 1-2pm. Well be looking at tax calculations for individuals and non-bare trusts, top-slicing relief, deficiency relief, time apportionment relief, and paying the tax.
AXA IM: CIO Views: Bond returns potentially higher in 2025
Many investors have been enjoying higher income returns as the average market-weighted coupon on bond indices has been rising since 2021 and are likely to continue to do so as lower coupon bonds issued before 2021 mature.
Pictet: Malaysia: back on the emerging market equities map
Reform and investment are bringing Malaysia out of the shadows, opening up new investment opportunities in emerging market equities.
Schroders: Green Macro Newsletter February 2025: EV tariff war and developments in carbon pricing policies
Schroders quarterly briefing on the economic impact of climate change, the energy transition and natural capital.
PIMCO: Income Update: Strategies for a Shifting Market
Amid ongoing uncertainty and volatility, Group CIO Dan Ivascyn explains why its important to focus on high quality, and how were leveraging global high yielding opportunities to help cushion portfolios against volatility and optimize returns.
AXA IM: This month's edition considers stock market exposure to US tariff risk, plus new analysis of regional buying and selling trends
Human life and economic prosperity are dependent on the benefits provided by nature. Biodiversity loss puts the ecosystems upon which societies depend, as well as the global economy, at risk.
Schroders Equity Lens February 2025: your go-to guide to global equity markets
This month's edition considers stock market exposure to US tariff risk, plus new analysis of regional buying and selling trends
PIMCO: The Tariff Tug-of-War: Balancing Economic Growth and Trade Relations
Exploring the delicate balance between protectionism and global cooperation.
AXA IM: Investing in Biodiversity
The urgent need to prevent and mitigate biodiversity loss can create responsible investment opportunities driven by increasingly stringent and tangible global regulations, long-term targets and corporate reporting commitments.
Schroders: Podcast: A new era for fixed income investors
A volatile interest environment is presenting new opportunities for investors in fixed income. James Ringer joins the pod to discuss what's happening and the implications for investors' portfolios.
M&G Wealth: Why considering MPS and PruFund can make sense
The M&G MPS and PruFund share the same investment process and core views, but due to differences in the product features, the investment outcomes can be very different each year. In this article, we look at past returns and how the two offerings can be complimentary.
M&G wealth: Whos liable Individuals, Estates & Trusts
03/03 at 1-2pm. In this session well look at how to determine whos liable is it individuals, personal representatives, estate beneficiary, trust settlor, trustee, or trust beneficiary? Well also be discussing the use of assignments to transfer the liability to another person.
Charles Stanley: The future is bright for AIM shares
12th March. With the dust now settled and the effects of the Autumn Budget finally digested, we believe the investment case for AIM shares remain as compelling as ever.
Charles Stanley: Can the UK escape Donald Trumps tariffs?
Reciprocal tariffs are coming. What tariffs does the UK impose already on US goods? What could the UK do to prevent damage to trade with the US?
Charles Stanley: War and peace divide the US and Europe
Europe and the US are divided over what action to take in Ukraine and Gaza, but Donald Trump marches on with his plans.
Charles Stanley: Implications of the German election
The German elections create more uncertainties for Europe- and the outcome is unlikely to unite the European Union.
Charles Stanley: Investing in AIM shares the benefits of backing Britain
This article covers the wider benefits of investing in the UKs junior stock market the Alternative Investment Market (AIM).
Charles Stanley: Decumulation: it requires a different approach
Getting a retirement strategy right is crucial for ensuring the financial wellbeing of everyone as they enter their "third age". This report is designed to help you make informed decisions that align with your clients retirement goals.
PIMCO: Where to Look When Equities Are Priced for Exceptionalism
Lofty U.S. stock valuations call for a renewed focus on risk assessment and portfolio diversification.
AXA IM: Under Surveillance
US core inflation rose above expectations in January. Some residual seasonality may be at play, but the US has been experiencing a rebound in underlying price pressure since the end of last summer.
Scottish Mortgage Investor Webinar: Your Questions Answered
In this recent webinar, Tom Slater and Lawrence Burns discuss the topics on shareholders minds, from the impact of the Trump administration and investing in China, to artificial intelligence and portfolio positioning. Capital at risk.
Artemis: Trump 2.0 - Should impact investors just give up?
While it is tempting to draw conclusions about entire sectors from headline events, these often end up having little bearing on performance. The impact of Donald Trumps first presidency on sustainability strategies is a case in point, writes Artemis Sacha El Khoury.
Artemis: The shocks that show valuations could catch up with the US
For well over a decade, going overweight the biggest companies in the US was all global managers needed to do to outperform. Artemis Jacob de Tusch-Lec says the events of late January underline the need for greater diversification.
How the Artemis Corporate Bond Fund delivered five years of outperformance
Artemis Head of Fixed Income, Stephen Snowden, explains how exploiting the multiple inefficiencies in the investment-grade bond market have allowed the Artemis Corporate Bond Fund outperform in each of the first five years since its launch.
Positive Change: investor letter Q4 2024
The Baillie Gifford Positive Change team shares insights on Q4 2024, covering the strategy's recent performance, portfolio adjustments, and market influences. Capital at risk.
Positive Conversations
Explore the Baillie Giffords Positive Change Teams latest environmental, social and governance (ESG) report and find out why interactions with companies make a difference. Capital at risk.
Fidelity Adviser Solutions: Tax treatment of money purchase death benefit payments
Under the Lifetime Allowance (LTA) replacement regime, one of the three new allowances is the Lump Sum and Death Benefit Allowance (LSDBA). If an individual took benefits prior to 6 April 2024 that used some or all of their LTA, their LSDBA may be reduced. Here is a rough guide including a flowchart to the tax treatment of money purchase death benefit payments.
Fidelity Adviser Solutions: UFPLS withdrawals and the annual allowance tax charge
Paul Squirrell, Fidelity Adviser Solutions pension expert, answers a question raised via our Pension Forum. He considers whether an annual allowance tax charge applies to contributions made to a clients pension in the same tax year as an UFPLS withdrawal was made. In this example, the contributions were in excess of the MPAA.