Industry news and views from Panacea and our partners.
Investments_
fidelity Adviser Solutions: Is there a missing asset class for retirees?
Market data shows bonds and equities are not always the diversifiers investors assume, with periods where both asset classes fall together. Fidelity Adviser Solutions Paul Squirrell explores what long-term correlation data tells us and how incorporating annuities alongside bonds and drawdown could help deliver more resilient and sustainable retirement income strategies. 5-minute read
BNP Paribas: Multi-Asset Investment Views Quarterly Update July 2026
Watch Laurent Clavel discuss why he is confident that investors should potentially see positive returns in the second half of 2026.
Artemis: Wolstencroft: Investor complacency is making me nervous
The manager of the Artemis SmartGARP European Equity Fund says it is at times when other investors stop caring about valuations that they become more important than ever.
Schroders Equity Lens July 2026: your go-to guide to global equity markets
A market rotation, and how to respond to stagflation concerns.
BNP Paribas Fixed Income Quarterly Update July 2026
The second quarter presented significant market dynamics shaped by geopolitical concerns and major central banks focused firmly on inflation. Watch Olivier de Larouzière discuss his outlook for fixed income and where he sees potential opportunities.
Schroders Equity Lens July 2026: your go-to guide to global equity markets
A market rotation, and how to respond to stagflation concerns.
Artemis: High Yield Happenings: The pragmatic way to boost returns from your cash allocation
Combining short-dated high yield with cash can produce powerful results.
Pictet: Secular Outlook 2026: Our 10-year investment outlook
Understand the key trends shaping returns across equities, fixed income, currencies and alternatives.
Artemis: Why good-quality companies arent always the best investments
Most fund managers will tell you they want to buy high-quality companies. After all, who wants to invest in a poorly run business with dismal prospects and a shrinking market share?
Schroders: 10-year public markets return forecasts (202635)
Our latest forecasts for absolute returns from 2026-2035 for various asset classes including cash, equities, fixed income and commodities.
BNP Paribas: Fixed income ETFs: Simple, transparent, low-cost beta exposure
Despite trebling in size since 2020, fixed income ETF (exchange-traded fund) assets remain under-bought in Europe.
Artemis: The world-leading British companies youve never heard of
UK equity markets are home to a remarkable number of world-leading companies that most people would completely fail to recognise. Thats because these businesses operate in specialist niche areas.
BNP Paribas: Portfolio perspectives Monetising AI: Driving innovation and multiple investment opportunities
Artificial intelligence has moved from experimentation to large-scale deployment and a tangible revenue driver across an ever-broadening range of industries.
Schroders: Multi-asset portfolios: Bonds are back. Just not as you knew them.
Fixed income still belongs in a multi-asset portfolio. But what we are asking it to do has changed, and how we manage it must change with it.
Pictet: Climbing the value chain: why emerging market stocks are not what they used to be
The developing world's progress along the global value chain could strengthen the case for emerging market stocks.
BNP Paribas: Portfolio perspectives How fixed income investors can potentially capitalise on Europes strategic autonomy
The geopolitical landscape has undergone a significant shift in recent years, with global cooperation and multilateralism giving way to a more fragmented world.
Schroders: Quarterly markets review - Q2 2026
A look back at markets in Q2, when AI-related stocks powered ahead and the conflict in the Middle East de-escalated.
M&G wealth: Is any investment decision ever truly passive?
With index concentration rising and benchmark labels telling less of the full story, the active vs passive debate is missing the point. Read M&G's Lighthouse article for expert insight on why deliberate implementation matters more than ever and how PruFund puts it into practice.
M&G wealth: A closer look at what's really inside your multi-asset funds
An independent whitepaper from Verve takes a closer look at what really sits inside today's multi-asset funds exploring concentration risk, private markets exposure and portfolio resilience. Includes five practical prompts to help you review your client portfolios with confidence.
Aberdeen: The Witt
Concise, opinion-led views on how our investors are thinking about todays investment landscape.
Aberdeen: Short Dated Enhanced Income a continuing role three years on
Three years is a long time in markets. Since our short-dated enhanced income strategy launched, investors have had to contend with inflation shocks, changing interest-rate expectations, geopolitical tension and periodic bouts of market stress.
Aberdeen: Powering the future: whats shaping global infrastructure today?
Looking ahead through the rest of 2026 and beyond, we see compelling opportunities in infrastructure equity as long-term structural trends continue to reshape the sector. Discover more in this video with Josh Duitz.
Aberdeen: Why are UK gilt yields rising in a slowing economy?
Traditionally, when economic growth slows, government bond yields fall and prices rise. Investors seek safety, central banks cut interest rates and bonds benefit.
Aberdeen: Private markets: a shift from momentum to selectivity
After a period dominated by rising valuations, cheap capital and abundant liquidity, the focus is shifting towards fundamentals, income and disciplined investment selection.
Aberdeen: European real estate market outlook Q3 2026
Junes flash Purchasing Managers Index suggests the Eurozone economy was pushed close to stagnation by the energy-cost shock. This weakness should unwind during the second half of 2026, as energy markets normalise. That said, Germanys fiscal easing is likely to take longer to affect the real economy than first hoped. We expect Eurozone growth of 0.8% in 2026, followed by above-trend growth of 1.8% in 2027 and 1.7% in 2028.
Aberdeen: Why even the world's best players need a team
Throughout football history, the biggest moments have often belonged to the biggest players. From Pelé and Maradona to Lionel Messi and Harry Kane, individual brilliance has the power to turn a game in a flash.
Fidelity Adviser Solutions: Investment Outlook Where are the opportunities?
Fidelity Adviser Solutions Investment Outlook explores the key themes shaping markets in the second half of 2026, including the ongoing AI investment boom and a reassessment of global equity leadership. Discover expert views on equities, bonds and alternatives, and why diversification remains crucial amid uncertainty and evolving investment opportunities. Watch or read
M&G: Inflation is reshaping the case for private markets
With inflation more persistent and volatile, the traditional equity-bond relationship is becoming less reliable. Read M&G's Lighthouse article for expert insight on how private markets can strengthen diversification and build resilience across inflation regimes.
Rathbones Asset Management - The Sharpe End podcast: Losing the plots
A month into Kevin Warsh's tenure as the closely watched Fed Chair, investors are debating whether this is simply a change of personnel or the start of a new era for US monetary policy. Next, the team turn to AI, after a sharp sell-off in the mega-cap hyperscalers amid growing scrutiny of the sustainability of their spending. Finally, this months stock spotlight is Amer Sports a name that might not be familiar, but who owns brands such as Arcteryx and Salomon that are certainly growing in popularity.
M&G: Middle East conflict: a multi-asset perspective
With conflict in the Middle East disrupting energy markets and reshaping inflation and rate expectations, clients are looking to you for clarity. Read M&G's Lighthouse article for expert multi-asset insight to help guide confident client conversations.
M&G wealth: IHT Top Trumps: Which strategy comes out on top?
Sharpen your IHT planning with the final session of M&G's Trusts School (16 July). Compare trusts with annuities, whole of life and Business Relief through practical case studies, earn up to 70 minutes of CII CPD, and take away insights for client conversations.
Rathbones Asset Management: Power, pipes and precision: the exciting next five years of investing in sustainability
Despite a noisy backlash against ESG, Rathbone Greenbank Multi-Asset Portfolios Fund Manager David Coombs argues that the underlying direction of travel hasn't changed and identifies the themes he believes will drive returns over the next five years. Read more
Aberdeen: Where do interest rates go if growth weakens but inflation increases?
Rising interest rates are back, but why? What does this mean for inflation, growth and equities?
Schroders multi-asset investment views June 2026
Recent US labour market data supports our view that there is a low risk of a US recession, and our positive view of equities continues to be supported by earnings.
BNP Paribas: View from the markets: Consumer watch
Oil prices dropped far more quickly than many analysts expected following the announcement of the Memorandum of Understanding between the US and Iran.
BNP Paribas: View from the markets: Fair weather outlook
Increased US share issuance is a sign of equity market exuberance, with investors focused on the exceptional outlook for earnings.
Aberdeen: Why sovereignty is reshaping investing in a fragmented world
Geopolitics is shifting from uncertainty to sovereignty. How do control, power and strategy now shape global markets?
Schroders: From geopolitics to policy: what drives bond yields next
June 2026 update: With a resolution in the Middle East now looking more likely, we take a look at how bond markets may react once the focus moves away from geopolitics.
Pictet: Barometer: Equity rally to roll on as stagflation risks recede
With inflationary pressures likely to abate as the US and Iran make progress towards a peace agreement that would stabilise oil markets, equities should build on their recent gains.
Schroders: Markets focus more on UKs problems than whos in No 10
The UK's intractable problems mean it will be difficult for a new PM and Chancellor to invest for growth and maintain market confidence.