Industry news and views from Panacea and our partners.

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BNY: Positive signals from capex?


The One Big Beautiful Bill Act’s provision regarding the full expensing of capital expenditures is already having an impact on companies’ investment plans. We believe this a positive signal for economic growth.

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Schroders: Our multi-asset investment views - September 2025


This month we upgrade equities to positive as the Federal Reserve turns more dovish. Find out more in our latest multi-asset views.

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AXA IM: The factors driving Eurozone investment potential to the next level


The world is changing, and investors need to have a clear view of how, and what that means for Europe.

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Aberdeen: What are the key opportunities and trends in credit investing today?


Find out in this wide-ranging interview with Global Head of Fixed Income Jonathan Mondillo.

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BNY: Cuts are coming


Last Friday, Federal Reserve Chair Jerome Powell described a shift in the balance of employment and inflation risks, and the market rallied on the news. For us, nothing has changed. We have been closely monitoring the labor market and indicators of inflation, and we continue to expect two rate cuts this year.

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Artemis: The difference between gambling and investing


Concentrating on either growth or value alone won’t lead to fully formed investment decisions but investors who can tap into a process that uses an abundance of data to inform investment decisions can be highly successful.

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MAN: Eastern Frontier: Unlocking Diversification in China


Improving access to more of China's uncorrelated markets offers diversification opportunities to global investors as market dispersion increases.

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M&G Investments: Japan’s corporates are sitting on a potential $2 trillion real estate treasure trove


Japanese companies hold vast real estate assets, which are typically misvalued on their balance sheets.

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Schroders: Fed cuts likely to fire up inflation in 2026


We fear that easing monetary policy at this stage of the cycle may prove counterproductive.

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AXA IM: Five reasons why Europe is back on the investment map


With attractive valuations, favourable European Central Bank monetary policy and structural tailwinds driven by unprecedented fiscal stimulus, we believe Europe offers meaningful potential for investors

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Aberdeen: Is Short Dated Enhanced Income your step-out-of-cash solution?


We all know markets can be unpredictable. So, what can investors do with their money right now to reduce risk and achieve a superior yield versus cash?

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BNY: Higher margins drive robust earnings


Second quarter earnings season is winding down. Nearly all companies have reported, and the majority beat expectations as margin estimates continue to rise.

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Wesleyan: Helping clients stay invested against market volatility


In an era of heightened uncertainty, the Wesleyan smoothed With Profits Growth Fund offers a proven smoothing mechanism that can help clients stay committed to their financial plans.

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Schroders: Unconstrained fixed income views: September 2025


We explore why the rather vague concept of a ‘neutral policy rate’ is becoming more important to central banks - and why it is important for the outlook for bonds.

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AXA IM: Time for the Fed


Weak US employment data has fuelled expectations that the Federal Reserve (Fed) will cut rates by 1.5 percentage points (ppt) over the next year.

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Aberdeen: 15 years of clarity and consistency with MyFolio


15 years of clarity and consistency with MyFolio

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PIMCO: Making Sense of Private Markets: Liquidity, Risk and Opportunity


Group CIO Dan Ivascyn discusses how investors should examine liquidity and economic sensitivity across public and private markets.

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BNY: Keeping Tabs on Tariffs


A look at the tale of tariffs for the first half of 2025 and how this might be impacting markets in the UK.

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Wesleyan: Charting a steady path through increasingly uncertain times


This recent white paper investigates smoothed funds and their relevance in today’s uncertain times. Produced by Wesleyan in partnership with the lang cat, it looks into whether a new generation of smoothed funds can help advisers to manage volatility for clients and comply with industry regulation.

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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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Pictet: Barometer: Emerging markets more attractive than expensive US


While equity markets are buoyant worldwide, emerging markets stocks and bonds are the only assets that merit an 'overweight' allocation.

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Artemis: Why China is ‘unstoppable’


China offers sizeable investment opportunities for value investors. It is already cheap but look closely and you can find quality businesses trading at discounts in the region of 30% to the wider global emerging markets universe.

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Wesleyan: Clients primed to change investment strategies amid volatility fears


Majority of UK advisors polled by Wesleyan say clients are poised to make changes to their investment strategies if global market volatility persists in 2025.

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Pictet: Emerging markets are the new leaders in climate adaptation tech


Emerging Markets companies are becoming global leaders in environmental adaptation technology. This means they will feature ever larger in sustainable equity portfolios.

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Aberdeen: Euro small cap vs US small cap - the golf edition


Who will claim victory—Europe’s disciplined small caps or America’s bold innovators? Step onto the fairway with us for a Ryder Cup-inspired face-off for our thoughts on which team may outperform in today’s market.

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Upfront: Europe, chips and rising Japan


Baillie Gifford’s Stephen Paice explains why Europe is back in fashion, investment specialist Sarah Clark discusses her enthusiasm for Japan, and Qian Zhang explains why TMSC is special. Capital at risk.

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Fidelity Adviser Solutions: How to enrich your client interactions


Research shows that improved emotional intelligence boosts client trust, reduces adviser stress, and leads to better financial outcomes. To support this, Fidelity Adviser Solutions have partnered with expert James Woodfall to create 13 training videos, grouped into 4 modules, designed to enhance advisers' emotional intelligence and client interactions.

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Fidelity Adviser Solutions: The benefits of integrated solutions


Fidelity Adviser Solutions latest report reviews some of the different approaches to dealing with sequencing risk and explores whether there may be better options available – new solutions that can deliver optimal long-term outcomes, commensurate with a client’s capacity and tolerance for risk, without exposing them to market falls in the early years.

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Fidelity Adviser Solutions: IFA DNA: The code for the future advice firm


Fidelity Adviser Solutions are excited to share the latest insights from IFA DNA, our annual examination of the evolving landscape for advice firms. This year’s findings are clear: advisers are seeking more client interaction and less administrative burden. Our report delves into how AI adoption is helping firms tackle this challenge.

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Fidelity Adviser Solutions: New retirement income approaches gaining in popularity


Drawdown has largely been acknowledged as the ‘winner’ in terms of product since the introduction of pension freedoms. However, as revealed in AKG’s latest industry research paper, this may now be changing.

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Fidelity Adviser Solutions: Slaying the dragon


Are your clients concerned about the impact of market downturns on their retirement plans? Here Fidelity Adviser Solutions discuss strategies to tackle sequencing risk – the potential nemesis of a comfortable retirement. We delve into both traditional and modern approaches to safeguard your clients financial future, including living off natural income, maintaining a cash buffer, and the innovative solution of integrating guaranteed lifetime income with smoothed managed funds.

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Fidelity Adviser Solutions: Triple Lock: what will the State Pension be in the future?


The guaranteed and inflation-proof income the State Pension offers is vital in providing a baseline for those in retirement. The payment has been getting more generous, and that’s thanks to the ‘Triple Lock’. But how far could the State Pension rise in the future?

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T.Rowe Price: Beyond big tech: Why value stocks deserve a closer look


Just outside Washington, D.C., in suburban Northern Virginia, lies “data center alley,” a dense cluster of warehouse?like facilities powering the rise of artificial intelligence (AI).

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How MyFolio supports suitability led advice


Why’s Aberdeen’s MyFolio a trusted risk-targeted solution for multi-asset investing? Find out here.

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The age of resilience: outperformers must first be survivors


Transformative companies must shockproof themselves for turbulent times, writes Tom Slater investment manager for Scottish Mortgage.

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Baillie Gifford CEO on why being different pays off


Discover how long-termism, optimism, and deep research guide Baillie Gifford’s investment decisions, regardless of companies’ stock market index weightings.

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Inside M&G's investment in music: The Seeker Music strategy explained


Music and long-term investing? Not the most obvious pairing - but it’s one M&G have been backing for five years, with PruFund at the core.

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From Cash to Curve: Rethinking Allocations as Rate Cuts Loom


Group CIO Dan Ivascyn discusses how looming Federal Reserve interest rate cuts and continued policy uncertainty are shaping PIMCO’s investment playbook at a time of abundant fixed income opportunities.

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Wesleyan: Smoother returns


A unique pricing process lies at the heart of Wesleyan’s With Profits Growth Fund, offering a simple, easy to understand fund structure that seeks to reduce sharp rises and falls in value. The fund offers the benefits of daily pricing, daily trading and daily smoothing. In addition, there are no market value reductions (MVRs), further minimising price surprises.

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M&G: Prudential Guaranteed Income Plan


Giving you the opportunity to mix a guaranteed income and PruFund's smoothing experience to match your individual clients' needs. All in one place.

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