Industry news and views from Panacea and our partners.
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Jupiter: European outlook: four megathemes
Mark Heslop and Mark Nichols, Fund Managers, European Growth, look beyond 2022, considering some of the longer-term trends that are likely to impact investment performance.
Columbia Threadneedle: Process is everything for Pan European Smaller Companies
Two factors have interested us in Europe in 2021. First, there has been a value rally since November 2020, particularly in smaller companies. The onset of the pandemic in Europe in early 2020 initially saw value and cyclical stocks, typically tied to consumer and business spending, perform poorly.
Square Mile: An opportunity to diversify?
Square Mile provides an insight into the Aegon European ABS fund, deemed a rare opportunity for investors looking to diversify their holdings within a less well-known part of the credit market and access European investment grade securitised assets. Watch the full Talking Factsheet video now.
T. Rowe Price: Cooling US? Europe trade tensions could lead to bigger deal
The US and European Union (EU) announced a four month suspension of all tariffs related to the long running dispute about unfair government support for leading aerospace companies Airbus and Boeing, signaling President Joe Bidens desire to realign trade relations. This pause came on the heels of a similar agreement between the US and the UK.
Aviva Investors: United Europe From discord to harmony?
Global politics are in flux as policymakers scramble to manage the pandemic and revive economies. Can Europe come together and carve a place for itself on the international stage, or will it end up a passive player buffeted by greater forces?
Columbia Threadneedle: European equities: Stock selection guided by razor-sharp research will be the holy grail
2021 was a year of booming markets which were in danger of overheating before the Omicron Covid-19 variant came along. A profit boom on both sides of the Atlantic has supported equity markets, with the US looking exceptionally strong in the fourth quarter.
Columbia Threadneedle: Riding Europes building renovation wave
The EUs decision to put building modernisation at the heart of its drive to reduce CO2 emissions heralds a major spending programme to transform energy efficiency. It also represents a wider drive across the continent in which Columbia Threadneedle is keen to be involved
Aberdeen Standard: Where to next for the Eurozone
The economic and health impacts of coronavirus have not been distributed equally across the Eurozone. In particular, peripheral countries such as Italy have been hit hardest in human and economic terms.
Aviva Investors: COVID-19: The impact on European real estate
As the spread of COVID-19 and government response continue to evolve, we analyse recent developments and how they could affect European real estate.
Columbia Threadneedle Investments: Europe needs new approach to escape economic malaise
With monetary policy seemingly reaching the limits of its effectiveness, another approach is required for the continent to avoid Japanification. We believe a focus on productive sustainable investment could not only stimulate growth, but also bring about social and environmental benefits.
Baillie Gifford: Finding Europes Hidden Champions
There are lots of reasons not to invest in Europe. Its economic growth is uninspiring and much of its stock index is made up of bureaucratic corporate dinosaurs. But beyond the negative headlines, there are still exciting investment opportunities to found, including potential tenbaggers, companies whose share price could increase ten-fold. Stephen Paice discusses in the latest episode of Baillie Giffords podcast Short Briefings on Long Term Thinking.
Aviva Investors: Italys threat to the euro has not gone away
The Italian government remains on a collision course with Brussels despite recently striking a deal over its 2019 budget. A mis-step by either side could lead to a fresh euro zone crisis that the new head of the ECB might struggle to contain.
The hunt for Europes tenbaggers
How do you find Europe's tenbaggers, the stocks which have the potential to increase ten-fold? Baillie Gifford Investment Manager Stephen Paice takes a look to see what observations can be made about the big winners in order to increase the potential of identifying future ones. Capital at risk.
FECIF Insight: Dispute resolution - the Swiss way!
From January 1st 2020, mediation will become mandatory in Switzerland with regards to disputes relating to asset management and financial advice.
Schroders: Why Im backing a consumer comeback in Europe
Worries over slowing global growth and rising trade tensions hit European share prices hard at the end of 2018. While early 2019 saw a rally, there remains considerable scepticism over the prospects for the European economy and its listed companies.
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.
Legg Mason: German Bunds: Can Yields Fall Further?
German bunds have become a lightning rod for market anxiety; Western Asset's Gordon Brown argues that too much bad news is built into current pricing, obscuring some key long-term macro drivers.
Invesco: Diversification benefits for emerging Europe
Read more to find out why Fund Manager, Nicholas Mason thinks that the emerging equity markets, underrepresented in many global portfolios, could appeal for investors looking to diversify away from the traditional equity products.
Aviva Investors: ECB support reveals much about Europe's lenders
With cheap loans returning to the European Central Banks toolkit, questions must be asked again about the health of the regions banks.
Aviva Investors: Cool off: Could proposed Dutch legislation diminish corporate accountability?
Dutch legislators seem intent to push ahead with controversial proposals intended to rein in shareholder activists and make hostile takeovers more difficult, as Louise Piffaut explains.
Schroders: Are investors too pessimistic on European shares?
European equities had a tough 2018 with the benchmark MSCI Europe index falling 10.6% over the year. Trade wars, reduced support from central banks and slower economic growth were among the factors that saw higher risk assets such as equities fall out of favour.
Aviva Investors: The ties that bind the future of Europe
Brexit continues to dominate headlines in the UK, but the European Union faces other long-term challenges, from the rise of Euroscepticism in Italy to the stalled progress of euro zone reform.
Legg Mason: Four Outlooks for Europe
The outlook for European stocks appears more mixed than a year ago -- with similar potential for both very good and very bad outcomes based on the macro environment.
Schroders: Eurozone growth fails to recover as Italy slips into recession
The eurozone economy grew by just 0.2% in the final quarter of 2018 according to the flash GDP estimate released this morning. Fourth quarter growth was unchanged compared to the third quarter and matched consensus expectations.
Aviva Investors: Life after Merkel
Annegret Kramp-Karrenbauer has replaced Angela Merkel as leader of Germanys ruling CDU party, and may soon take her place as chancellor. What does this mean for Germany and Europe?