Industry news and views from Panacea and our partners.

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Fund in 5ive: Artemis US Smaller Companies Fund


October 2024 marked 10 years of the Artemis US Smaller Companies Fund. Using their up/down framework and deep understanding of industry cycles, the managers seek to find the winners in sectors that are benefiting from domestic tailwinds.

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T. Rowe Price: 2025 Global Market Outlook


The world is transitioning at a pace and scale rarely seen before. Radical innovations in AI and healthcare. Elevated geopolitical tensions, including the raised possibility of tariffs following the US election. A potential slowdown in global growth. Times like these demand actionable insights and the skill of active management. Here’s what to know to navigate the shifts and opportunities ahead.

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Schroders: Value investing: Staying disciplined in changing markets


Schroders’ Simon Adler discusses global equities from his perspective as a value investor – including the importance of maintaining style discipline.

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Orbis: Adam Karr: How to Think (and Work) Like a Billion Dollar Investor


In this episode of The Knowledge Project podcast with Shane Parrish, Adam Karr, President and Portfolio Manager at Orbis, outlines his personal framework for finding success in both life and business.

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AXA IM: Trump 2.0: déjà vu? Why investors should consider hedging inflation risk


Back in 2016, there were massive fears of global recession as oil prices dropped and China was believed to be slowing down.

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PIMCO: Negative Correlations, Positive Allocations


The inverse correlation between bonds and stocks has returned, broadening potential for risk-adjusted returns in multi-asset portfolios.

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Schroders: A new frontier: how wealth managers are seizing the opportunity in private markets


Explore the latest trends and challenges in private market investments for private investors, as revealed in this year's Schroders Global Investor Insights Survey.

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PIMCO: Three Layers of Active Portfolio Construction


Mohit Mittal, PIMCO's CIO of Core Strategies, discusses the value that active fixed income brings to portfolios, particularly in taking advantage of structural inefficiencies in global markets.

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Schroders: What wealth advisers think – Global Investor Insights Survey 2024


This year’s survey reveals how wealth advisers are adapting to an evolving landscape, with insights on sentiment, private markets, AI, and intergenerational wealth transfer

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M&G Wealth: 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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AXA IM: What the geopolitical changes mean for fixed income


The last 18 months have, overall, seen fixed income offer investors positive total returns with companies weathering macro uncertainty and yields still at attractive levels.

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PIMCO: Finding an Active Edge in Global Bonds


Andrew Balls, CIO Global Fixed Income, and Sachin Gupta, Portfolio Manager and Head of the Global Desk, discuss global bonds and why active management matters today.

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Schroders: A snapshot of the world economy in November 2024


This month’s economic infographic examines the implications of the US election and UK Budget and looks ahead to the next round of central bank meetings.

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M&G Wealth: 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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Schroders: The role of renewable energy in the AI revolution


In the first of a series of articles exploring how sectors across the economy are driving demand for renewable energy, Schroders Greencoat’s Paul O’Donnell explores how the boom in AI applications is fuelling a rapidly increasing need for data centre capacity, which in turn is amplifying the need for sustainable power sources.

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AXA IM: Three key net zero investment opportunities


Investors aiming to allocate capital to help support net zero objectives, can consider two broad ways to do this within equities and fixed income.

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Pictet: European real estate: a selective recovery


European real estate should benefit from attractive valuations and falling interest rates. But not all buildings will do equally well. Where are the best opportunities and how can we maximise them with active management?

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Quilter Cheviot: Taking Stock - After The Bell: The Budget and the Missing AirPod


Financial Planner Megan Rimmer joins us to delve into the detail of the recent changes to the pensions landscape in particular at the recent budget.

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M&G Wealth: 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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T.Rowe Price: U.S. exceptionalism has not run out of steam


The ingredients are present for another year of robust growth in the U.S. In recent years, healthy expansion in the U.S. has spilled over to the rest of the world, helping offset the softness in Europe and China. We expect this to continue in 2025.

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T.Rowe Price: Value and small-caps could power international equities


The extent to which the inflation and interest rate shocks of 2022 are reshaping the dynamics of international (ex U.S.) equities should become clearer in 2025. We expect there to be more evidence of a broadening opportunity set that favors international stock markets—and, within them, value and small?cap stocks and countries such as Japan and South Korea.

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T.Rowe Price: Finding income in high yield bonds, bank loans, and emerging markets


Despite the U.S. Federal Reserve starting its monetary easing cycle in September, yields could move higher if the central bank does not cut as deeply as markets expect. High yield bonds and bank loans remain the two fixed income sectors with the most potential to generate meaningful income in 2025, while emerging market bonds also present solid income opportunities.

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T.Rowe Price: Radical innovations revealing real prospects in health care


Health care stocks have struggled since the pandemic amid rising costs and falling revenues, but a wave of innovation is transforming the sector’s prospects.

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T.Rowe Price: Why it’s time to consider moving out of cash and into fixed income


It is time for investors to consider stepping out of cash as rates are expected to fall with the Federal Reserve now in an interest rate cutting cycle.

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T.Rowe Price: Webinar: Structured Research Equity Analyst Spotlight


11th December, 3pm One of the enduring strengths of our Structured Research Equity strategies is that they provide access to the thinking and insights of our deep research expertise in its purest form. Our Analyst Spotlight webinar allows you to hear directly from these analysts.

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SRI Services: SDR fund labels: what are we seeing?


The adoption of sustainable fund labels is big news at the moment, particularly as we approach the 2 December ‘Naming and Marketing’ deadline, which require additional caution when fund managers make sustainability related comments and claims.

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J.P. Morgan Asset Management: Foundations of Alternatives


Foundations of Alternatives seeks to demystify alternatives by highlighting five key pillars that are essential for understanding and navigating the alternative investment landscape.

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J.P. Morgan Asset Management: Why Alternatives?


There are four ways in which the world is changing that, in our view, challenge the risk-adjusted returns investors might achieve by allocating solely to public market assets. These changes are modestly higher unanticipated inflation, bouts of cost-push inflation, the changing structure of capital markets and the energy transition.

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J.P. Morgan Asset Management: European economic recovery: Separating cyclical from structural weakness


While growth has been slower than many anticipated at the start of 2024, it seems likely that some of the headwinds will fade.

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J.P. Morgan Asset Management: Potential Republican sweep sends markets higher, but policy uncertainty looms


The equity market reaction has focused on the prospects of pro-growth policies and deregulation, overshadowing the risks of tariffs and rising deficits.

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J.P. Morgan Asset Management: The tides are finally turning for fixed income


Inflation and labour markets have remained stubborn for some time, causing many major central banks to delay the start of their monetary easing cycles. However, there are signs that these key measures are beginning to ease, which paves the way for fixed income markets to deliver attractive risk-adjusted returns. We believe a strategy with an active approach to investing across the global fixed income spectrum is best placed to capitalise on the opportunities that could emerge as the tide turns for the asset class.

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Get the active advantage with J.P. Morgan Asset Management


Quite simply, in a world characterised by distorted markets and index inefficiencies, skilled active managers have a wealth of opportunities to generate excess returns.

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J.P. Morgan Asset Management: Investment Outlook 2025


Our Investment Outlook covers all the big issues facing investors, from US economic policy and AI investing, to portfolio diversification, Chinese stimulus and European equity valuations.

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Scottish Mortgage: manager review


Manager Tom Slater shares highlights, challenges, and explains how the portfolio is well-positioned to take advantage of investment opportunities in the decades ahead. Capital at risk.

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How Artemis’ fund managers are investing post-Budget


There has been plenty of negative reaction from businesses to Labour’s first Budget in 14 years. But it wasn’t bad for every area of the market – some sectors may even stand to benefit.

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Artemis: Emerging markets: key questions from investors


Chinese stimulus has sparked renewed interest in emerging markets. Raheel Altaf, manager of the Artemis SmartGARP Global Emerging Markets Equity Fund, addresses some key questions.

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Artemis: Hiding in plain sight – US smaller companies


While the giant US tech stocks have dominated returns over recent years, the shares of smaller US companies have languished and are now trading at a discount to larger companies. We believe this represents a very attractive entry point to one of the world’s most vibrant economies.

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Artemis: Low risk, high reward: A simple case for short-dated, investment-grade bonds


Stephen Snowden explains why the balance between risk and reward in the short-dated investment-grade bond market today is so compelling.

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The Lang Cat: Advised platform outflows fall after two years of increases


Gross sales across advised platforms rose a modest 1.83% on the previous quarter, but total £57.28bn for 2024 YTD, up nearly £10bn on the same period in 2023 (Q3 2023 YTD £47.35bn). Outflows from advised platforms fell in Q3 2024 from £16.30bn in Q2 2024 to £16.19bn (-0.64%), halting eight quarters of consecutive rises. With gross sales up and outflows down, net sales are £3.10bn, a 17.04% increase on the previous quarter and 70.03% on the previous year.

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T.Rowe Price: Diversified Income Bond Fund: The value of a multi-sector diversified income approach


While the global economy has remained resilient this year so far, diverging central bank and fiscal policies should keep interest rate volatility elevated. We believe now is the time to generate high income through a diversified global approach with strong security selection.

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