Industry news and views from Panacea and our partners.
Bonds_
Artemis: Why passive bond funds don't work
Artemis' Stephen Snowden says that the structure of passive bond funds means the way they react to market crashes couldn't be more counterproductive.
BNY: Reducing volatility with absolute return bond strategies
Absolute return bond strategies aim to deliver steadier outcomes by prioritising capital preservation and actively managing volatility. This approach offers investors a potentially more resilient way to navigate uncertain markets, writes Shaun Casey, senior portfolio manager at Insight Investment.
BNY: The roles fixed income can play in your portfolio
Discover how fixed income investments contribute to portfolio stability through consistent income generation, attractive returns, and effective diversification strategies.
BNY: Bonds Deliver Solutions for 6 Core Challenges
Explore how bonds serve as a critical tool for investors to manage risk, generate income, and maintain portfolio stability amid evolving market conditions.
BNP Paribas Asset Management: What's the outlook for US high-yield bonds?
Growth forecasts for 2026 are generally being revised up for US companies as the benefits of deregulation and fiscal measures in the One Big Beautiful Bill start coming through, underpinning a still resilient setup for the high-yield fixed income market.
M&G wealth: Paraplanners Assembly 2025: A guide to investment bond essentials
How often do you recommend investment bonds compared to Individual Savings Accounts or General Investment Account for non-pension money these days?
M&G Wealth: Bits and bobs about Bonds
18/03 at 1-2pm. Well be talking bits and bobs including Deed of Assignments by way of gift, bonds and the financial assessment for long-term care, the Trust Registration Service and cancellation rights including when trusts are involved.
M&G: What next for Global High Yield Bonds?
Despite the recent emergence of the Omicron COVID-19 variant, and stubbornly high inflation levels in many countries, the global economic recovery appears to be on track as we approach year end.
Columbia Threadneedle: Seven years of engagement through social bond investing
Through our constant engagement we are influencing the development of the market and having a wide-ranging social impact
Baillie Gifford: Staying Focused in Frantic Times
In the midst of the pandemic, Baillie Giffords Charlie Houston sees the long-term value in income investing in Mercado Libre and Avantors bonds. Capital at risk and income not guaranteed.
Rathbones In the KNOW blog: Spicy stocks and birthday treats
Punchy valuations for high-growth stocks are at risk of getting upended by any rise in bond yields. Our head of multi-asset investments, David Coombs, explains why hes building up his cash.
Prudential: Onshore Offshore you decide!
On this seminar, Les Offshore Cameron, Head of Technical and Graeme Onshore Robb, Senior Technical Manager, looked at the different tax and advice issues with Onshore and Offshore bonds.
Sanlam: Why Hybrid Capital over High Yield?
In this video Peter Doherty, Head of Fixed Income, gives an update on the fixed income market and makes a case for why Hybrid Capital should be considered against traditional High Yield investments.
Columbia Threadneedle: Credit Threads #1: Financial conditions
In the very first episode of our new fixed income podcast, Credit Threads, our bond specialists discuss how central banks respond to financial conditions, how they impact fixed income investing and how fund managers factor financial conditions into their decision-making.
AXA IM: Global short duration bonds to combat rising rates
The AXA Global Short Duration Bond Fund may suit investors looking for better returns than cash by taking an intermediate step into riskier assets while reducing sensitivity to rising interest rates. With the global economy recovering rapidly from the impact of COVID-19, central banks are likely to tighten monetary policy in the coming years.
Allianz Global Investors: A bond fund that behaves like a bond fund webcast (60 minutes)
On 21 June 2016 we launched the Allianz Strategic Bond Fund (UK OEIC), with the aim to provide a genuine one-stop shop for investors fixed income allocation and to serve the traditional role of fixed income to act as a portfolio diversifier, either in a multi-asset portfolio or in a credit-heavy fixed income portfolio.
Jupiter Corporate Bond Fund
The sterling corporate bond universe is not homogeneous, so recognising and respecting the wide dispersion in risk/return characteristics within the market is key to generating sustainable alpha over time.
Jupiter Asset Management: IG credit: bubble trouble, alpha opportunity, or both?
Current conditions in the sterling investment-grade corporate bond market warrant an approach that is active, pragmatic and risk aware. Those who embrace such a philosophy may discover some attractive alpha opportunities ahead.
M&G Global Macro Bond Fund: Answering the three big bond questions
Watch Jim Leaviss, CIO Public Fixed Income, Eva Sun-Wai, Fund Manager & Andrew Eve, Investment Specialist answering the three big bond questions.
AXA IM: Six-month review: AXA Global Strategic Bond Fund
Given the events over the past six months, we wanted to provide an update on performance and positioning for the recently launched onshore version of the AXA Global Strategic Bond Fund.
Jupiter: Notes from the Investment Floor - Diversification is key to green bonds
Rhys Petheram looks at changes in the market for green bonds, including the upcoming launch of the first green gilt, and signs of central banks turning green.
Square Mile Research: Making an impact with global bonds
There is no let-up in the pace of change across the industry, as investors increasingly seek to do go and avoid doing harm with their investments. In this short, Square Mile explore the Wellington Global Impact Bond fund, a high-quality global fixed income fund that provides a positive social and environmental impact.
Orbis: A eulogy for the 60/40
It was as long and fruitful a life as any investment strategy could hope for. For more than three decades, the classic portfolio of 60% equities and 40% bonds has delivered a terrific balance of risk and return for investors.
BNY Mellon: Muni demand and the year ahead
With an expected economic recovery on the horizon and a new stimulus package, state and local governments could see renewed strength this year. This will be essential for the municipal bond market in 2021, according to Sherri Tilley, Municipal Bond Investment Strategist at Mellon
M&G: Top 3 themes for bond investing in 2021
The start of 2021 brings new challenges for bond investors, as returns from corporate and government bonds keep getting squeezed. Andrew Eve, Investment Specialist, reveals three areas of fixed income where we see opportunities.
Square Mile Research: Spotlight on: Allianz Strategic Bond
In this short video, Square Mile explore the Allianz Strategic Bond fund; a truly unconstrained global strategic bond fund, delivering uncorrelated returns to equities and credit assets.
Prudential New Bond Gain Tool
Prudentials new Bond Gain Tool launched recently and it kind of does what it says on the tin. You put in details of the bond history and then it lets you model different withdrawal options based on the amount of money to be realised.
Baillie Gifford: Wanted - Bond Champions
Yields at low or even negative rates have prompted questions about the relevance of investing in bonds. Phil Annen of the Baillie Gifford Managed Fund argues that this is an asset class that can still form a key part of an actively-managed, balanced portfolio and offer attractive returns.
Columbia Threadneedle: Coronavirus sparks a social shift in the bond market
The coronavirus is a social issue that has brought unprecedented disruption to societies and is impacting the wellbeing of the worlds population.
Rathbone High Quality Bond Fund
Noelle Cazalis, Rathbone High Quality Bond Fund manager reflects on a good performance for a relatively new fund and the key driving factors during the funds inaugural year.
Prudential: Bond Taxation
In some respects, Insurance Bond taxation is nice and simple. No income arises for the investor, so no annual self-assessment obligations.
M&G: 2020 Vision
Will 2020 be the year the bond bubble bursts? Read Jim Leaviss bond market outlook for 2020 as he discusses the seven trends which may make you think twice about saying goodbye to fixed income
Baillie Gifford: Island Time: Slow Bond Investing
Torcail Stewart, investment manager in Baillie Giffords Credit team, wants those who are investing in bonds to slow down and take some tips from Island living.
Square Mile Research: When the Curves go Topsy Turvey
When I started out in this industry (and frankly for many years after then), I used to get very confused about yield curves, particularly when they get inverted. Thankfully, I now realise that it's quite simple.
Aviva Investors: Quarterly update on drivers in real assets - Q2 2019
In our regular update on drivers in real assets we assess how real assets could appreciate amid lower long-term rates, we look at how lower bond yields are likely to extend the real estate cycle in the UK, but note that lending at senior level has reduced interest rate sensitivity.
Defaqto: Investment bonds - the most popular providers revealed
Our investment bond service survey asked financial advisers like you about their views on the service they receive from onshore and international investment bond providers, the products they recommended in the past twelve months and the providers they preferred.
Seneca: A Confusing Time for Economists
The very rapid decline in safe haven bond yields in recent months has taken me somewhat by surprise. Although we at Seneca have been preparing for a downturn in 2020 for some time, I had been expecting economies and thus bond yields to remain firm for a little while longer
Rathbones In the KNOW blog: New EU inmates take over the asylum
The world seemed to unravel further last month, with British voters electing members to the EU Parliament whose goal is to leave it, and Donald Trump continuing to wield his trade cudgel. Our chief investment officer Julian Chillingworth considers the implications.
Old Mutual Wealth: Turning advice challenges into opportunities
An increasing number of advisers are switching on to the exciting advantages of offshore bonds not only because theyre tax-efficient, flexible and straightforward but also because theyre a fantastic solution for many of the advice challenges facing your clients today.
Invesco: Flying update: Govt bond yields lower still
111 seconds government bond yields have fallen even further (to record lows in some cases). Lewis Aubrey-Johnson, Head of Fixed Income Products shares his thoughts from our Henley Investment Centre.