Industry news and views from Panacea and our partners.
UK_
Jupiter: A world of opportunity in UK equities
Richard Buxton, Dan Nickols and Richard Watts discuss what may lie ahead for the economy and UK large cap, mid cap and smaller company stocks.
Columbia Threadneedle: UK Real Estate: how to follow a record 2021?
James Coke looks at how the UK market might follow a record 2021, and while we dont expect next year to deliver comparable capital value growth, it is likely to witness similar positive supply and demand dynamics which should maintain market momentum.
Columbia Threadneedle: Less bezzle, more sparkle in the UK!
In 2021, investing in UK equities began to feel a little less lonely. The FTSE 100 index rose by more than 10% for the year by early December and UK companies resumed dividend payments after the pandemic-induced economic freeze in early 2020 when all hope seemed extinguished.
Jupiter: Webcast - Taking Stock of UK Small Caps
Dan Nickols, Co-Head of Strategy, UK Small & Mid Cap, provides a Q3 recap as well as an outlook for investing in smaller company equities and the UK market. Dan touches on market valuations, inflation and supply disruptions, growth and value oscillations and portfolio changes and performance in the UK Smaller Companies Fund that he manages. The call is hosted by Jupiters David Harris.
Schroders: Why is the UK investment climate so hot right now?
UK companies have shrugged off the gloom of recent years and have become the target of considerable interest from international buyers. Meanwhile, the surge of new listings shows no sign of abating.
Aviva Investors: Ask the Fund Manager, Baylee Wakefield Ep 71. Global vs UK whats the best investment approach?
Whats better - investing globally or taking a more UK biased approach. Find out our view in this weeks #AskTheFundManager
J O Hambro: Under the Bonnet
The UK Dynamic team take a look at a positive month for the Fund in July.
J O Hambro: UK Equity Income Bulletin
An update from the JOHCM UK Equity Income team in a positive month for the Fund, despite the macro headwinds.
Square Mile Research: The inflation spike
This month, the Square Mile team explore some of the drivers behind the current inflation spike, how companies are reacting to higher inflation and the outlook for inflation in the UK.
AXA IM: Growth is what you buy, value is what you get
Fortune has favoured the value investor over the past six months or so. The announcement and subsequent rollout of vaccines has led to a sharp outperformance for value stocks since the end of October 2020, with sectors such as banking, energy, mining and tourism & leisure making up for poor performance from the initial impact of COVID-19.
Rathbones In the KNOW blog: Full of surprises
Recent inflation headlines have made for uncomfortable reading, and volatility picked up as investors remained sceptical of policymakers messaging. But we dont think rising inflation is here to stay as there are too many other phenomena that will push it down.
Rathbones In the KNOW blog: Yes, fund manager
Once the pandemic is in the rear view, the UK has the chance to remake itself, argues our Minister for Administrative Affairs, David Coombs. Or is he our head of multi-asset investments
Dividend update: AXA Framlington UK Equity Income Fund
Over a year on from the onset of the pandemic, we now have full twelve-month performance for AXA Framlington UK Equity Income and the impact of COVID-19 on its dividend.
AXA IM: Should UK investors worry about inflation?
Rising commodity prices, pandemic-related disruption and large stimulus programmes have all raised the stakes for investors. Join AXA IMs Chris Iggo, CIO, Mark Healy, Senior Portfolio Manager, and Jamie Forbes-Wilson, Portfolio Manager, as they debate the outlook for inflation.
AXA IM: Picking the Best of British during COVID-19 volatility
AXA IMs George Luckraft discusses the benefits of staying active in UK equities and the risks posed by passive strategies
Square Mile Research: Driving performance with stock selection
A conviction-led UK mid cap growth portfolio, with stock selection as the main driver of performance. Watch this short video from Square Mile for a quick snapshot of the AXA Framlington UK Mid Cap fund.
Columbia Threadneedle: UK equities: in need of a vaccine!
The UK market might be the land that time forgot, but the best time to invest can be when it feels most uncomfortable. We would argue it is poised to recover strongly.
Square Mile Research: Talking Factsheet: Premier Multi-Asset Global Growth
An equity biased multi-manager fund aiming to provide capital growth. Watch the Talking Factsheet for the Premier Multi-Asset Global Growth fund to find out more.
AXA IM: What do dividend cuts mean for UK equity income investors post-COVID-19?
The impact of the coronavirus pandemic has been significant so far, with many countries around the world having swiftly entered a recession during the first half of 2020.
Aviva Investors: The art of cutting your losses
Conviction on stock selection and the humility and discipline to learn from poor investment decisions is essential for long term returns. Chris Murphy and James Balfour explain how this works in practice.
Quilter Cheviot: Weekly comment: dig for the recovery?
Join Sebastian Scott for Quilter Cheviots Markets Uncut podcast. This week, Chris Beckett, Head of Equity Research, covers a worrying rise in Covid-19 cases in Spain, while Liz Dhillon, Equity Research Analyst for the oil, gas and mining sectors explain the big four commodities behind the UKs mining giants and the outlook for their high dividend yields.
Aviva Investors: Stay the course or cut and run? Running a UK Equity Income portfolio during a dividend drought
The economic fallout from COVID-19 is taking a heavy toll on the UK equity income sector. In their efforts to control costs (in some cases, under pressure from regulators), UK-listed companies have cut or deferred over £30 billion of dividend payments during the pandemic, with little indication that things will return to normal anytime soon.
Rathbones In the KNOW blog: The case for UK equity income
The pandemic and the global lockdowns to combat its spread have raised havoc with UK dividends. Yet that very disruption could lead to better managed companies and more sustainable dividends, argues Income Fund manager Carl Stick.
Square Mile Research: Upcoming webcast - How do you run a UK Equity Income portfolio without income?
Join Chris Murphy and James Balfour, Fund Managers at Aviva Investors, on 28 July, 12pm as they discuss what the UK dividend cuts mean for equity income investors, and provide a reminder of how to maintain a disciplined long-term investment approach. Not getting sucked into short-term and having an active mindset will be key to thriving in this uncertain market environment.
Aviva Investors: There is too much fear about the short-term outlook for UK equities
So far, equity markets have borne the brunt of investors coronavirus-related concerns. In this Q&A, Chris Murphy explains why he thinks the reaction is over-blown in the UK and where he sees the opportunities and risks emanating.
Aberdeen Standard: Income investing in a pandemic finding a way through
As a consequence of the global pandemic, we currently find ourselves in unchartered waters. Daily life has been altered beyond recognition for many of us and will likely remain that way for some time to come.
Square Mile Research: UK equities: Overblown short-term fears
COVID-19 has created huge uncertainty in markets. While the FTSE 100 is up from its lows in March, it is still languishing well below its peak. We therefore asked Chris Murphy, Senior Portfolio Manager for UK Equities, for his thoughts on the crisis, his outlook for corporate dividends and profits, where he sees the biggest risks and opportunities, as well as what changes he has been making to his portfolio.
AXA IM: UK dividends: weathering challenges, capturing opportunities
In direct response to the COVID-19 pandemic, the current outlook for dividends paid by UK-listed companies looks rather gloomy. It is not inconceivable to think that dividends for the FTSE All-Share Index could fall by more than 40% in 2020.
AXA Investment Managers: COVID-19 Impact on UK Equities
During the latest webinar, Chris St John and Dan Harlow discussed what impact the COVID-19 pandemic has had on their portfolios and the wider market, and what they believe this could mean for UK equities.
Columbia Threadneedle Investments: UK real estate: a consistent approach to weather uncertain times
Real estate is not immune from the forces affecting the global economy; however, our market is well placed to weather the storm. We expect potentially significant variations in sector performance, in part accelerating trends already apparent prior to the COVID-19 pandemic.
AXA IM: COVID-19 Impact on UK Equities: AXA IM's portfolio managers' update
As part of our commitment to keeping you informed during this turbulent time, we would like to invite you to join a webinar with our UK equities portfolio managers. Join us at 10:00 a.m. on Wednesday, 22 April for a 30-min webinar
AXA Investment Managers: Are UK equities in a sweet spot?
Following a drawn-out period of stagnation, UK business and economic activity looks like its picking up again and with it, investor interest in UK equities. We believe the UK market is currently enjoying a sweet spot, and heres why.
Rathbone UK Opportunities Fund
Alexandra Jackson, saw her Rathbone UK Opportunities Fund outperform the sector, in what was a turbulent year of highs and lows. She looks to the future, and explores whether weve seen the last of the Boris Bounce.
Square Mile Research: A Spotlight On: Unicorn UK Ethical Income Fund
This fund benefits from a series of exclusion based screens in order to ethically invest for income in smaller and medium sized UK companies.
Rathbones: No! Jeremy Corbyn
Boris Johnson has won a strong mandate to get on with his Brexit deal, sending sterling shooting higher. But what else will his government do in the next five years?
Rathbones In the KNOW blog: Do turkeys vote for Christmas?
Misinformation is rampant ahead of the UK election, as if things werent chaotic enough. Multi-Asset Portfolio Fund manager Will McIntosh-Whyte worries about what plans the politicians may be hiding and how markets will react to the eventual result.
Invesco: General Election 2019: What spending promises might mean for gilts
In recent years the UKs fiscal backdrop has been improving, but with both Conservatives and Labour proposing big increases in investment spending, how could this affect the gilt market?
M&G: Broadening trade wars: could Trump take aim at the EU, again?
As the US and China continue their game of tug-of-war in trade negotiations, could Trump turn his attention to the EU? Investment specialist, Kirsty Clark, discusses the prospect of a trade war between the US and EU?
Schroders: Boris Johnson: the challenges faced by the new UK PM
The do or die Brexiteer will face enormous challenges from the outset as the UKs new prime minister. We look at what his victory might mean.
Orbis: Why you should avoid home bias
The UK makes up only about 5% of the MSCI All Country World Index. While we may be the fifth largest economy when measured by economic activity, we are just a small island in a much larger global market from an investment perspective.