Industry news and views from Panacea and our partners.
Rathbones
Rathbones - The Sharpe End podcast: The Jackson Dive
Have US Fed Chair Jerome Powell’s comments at Jackson Hole spooked the team as much as they spooked the market? This month, David, Will, and Craig also discuss how much attention to pay to the weakening US housing market, and finally touch on the video game industry and how it should remain an exciting place to invest for many years to come.
Rathbones In the KNOW blog: Tomorrow Never Knows
After a hard day’s night investing clients’ cash, our head of multi-asset investments David Coombs has neglected his own savings. Yet given the Bank of England’s tough stance, are there now savings rates worth shouting about?
Rathbones In the KNOW blog: My Generation (Z)
If you have to ask what’s going on, you’re too old. Lucky for you, our sustainable multi-asset investment specialist Rahab Paracha is (almost) young enough to get down with the kids.
Rathbones In the KNOW blog: Snubscriptions
With inflation running hot, senior multi-asset investment specialist Craig Brown takes stock of his forgotten subscriptions.
Rathbones In the KNOW blog: Can cloud computing withstand the heat?
With inflation as hot as London in July, the technology sector has been buffeted more than most. But equity analyst Ben Derber explains why cloud computing may prove to be especially resilient.
Rathbones In the KNOW blog: Bye Bye Bojo
As the Conservative Party spends the summer trying to find a new leader our head of multi-asset investments David Coombs looks at the potential impact on economic strategy.
Rathbones - The Sharpe End podcast: Feeling the Pinch
This month, David, Will and Craig discuss the wide-ranging impacts of the energy market’s current stresses and complexities. Also, despite some expected post-pandemic catch-up in consumer services spending, the team aren’t tempted by many businesses that have benefited. Finally, they discuss the departure of Prime Minister Boris Johnson in real time and what it might mean for fiscal policy and the UK economy.
Rathbones In the KNOW blog: Braced for a bumpy ride
There’s no clear sign of a looming global recession, but no catalyst for fears to subside yet either. We’re braced for a few more months of volatility.
Rathbones In the KNOW blog: Silver linings in the cloud?
Structural, long-term investment themes are particularly important at the moment as investors worry about the short-term outlook for many businesses. Equity analyst Ben Derber argues that cloud computing should enjoy a decade-long spending boom as enterprises seek to harness the benefits of this powerful new technology.
Rathbones: Quarterly Investment Update: Steady on, with a weather eye on the horizon
In the penultimate week of June, the global equity market enjoyed its seventh largest weekly gain in 10 years. Of course, the largest weekly gains almost invariably come not long after the largest falls (equities are still below water for June), when the risks remain highly elevated.
Rathbones In the KNOW blog: Strikes are a warning for all
Strikes are synonymous with railway workers these days, but the reasons behind the latest one affect everyone, argues Rathbones multi-asset portfolios lead manager, David Coombs. Wages have stagnated for years, yet higher inflation is now making that untenable.
Rathbones: A slow descent from peak inflation?
Tentative hopes that the painful surge in inflation was easing were dashed when US inflation lurched higher in the latest release. Market volatility may not ease meaningfully until there’s clear confirmation that inflation has peaked.
Rathbones In the KNOW blog: The high cost of low prices
We’ve all got used to cheap flights, meals and clothes, but it was all predicated on low wages in many sectors, argues David Coombs, our head of multi-asset investments.
Rathbones: A significant milestone and a turning point?
As the UK gears up for its first-ever Platinum Jubilee, the Rathbone Ethical Bond Fund is celebrating its own historic milestone. Fund Manager Bryn Jones looks at what might lie ahead as bond markets move into a new cycle and the transition towards a greener, more circular economy gains still more momentum.
Rathbones In the KNOW blog: Notes on a nervous planet
Can our overburdened planet keep supporting all the people on it? Bryn Jones, lead manager of our Ethical Bond Fund, thinks the swelling number of people on earth raises the prospect of big shortages of basic necessities. He explains how this impacts his team’s decisions and offers some hope that bond investors can help make a difference.
Global recession? It’s not as likely as markets suggest
Rising interest rates, slowing GDP growth and war have rocked markets. Stock prices say recession is locked in; but as Ed Smith explains in this nine minute video, we’re not so sure. It’s a significant risk, but there’s more resilience in today’s economy than many investors think.
Rathbones In the KNOW blog: Zombie financing
Charlton Heston and Rathbones head of multi-asset investments David Coombs have little in common. But they both hate the walking dead.
Rathbones In the KNOW blog: The buzz on Anthropocene theory
We’re living in an era in which human activity is radically changing the planet, according to a raft of scientific data. Bryn Jones, lead manager of Rathbones’ Ethical Bond Fund, explains how this influences his team’s long-term decisions.
Investment Update video: Global recession? It’s not as likely as markets suggest
Rising interest rates, slowing GDP growth and war have rocked markets. Stock prices say recession is locked in; but as Ed Smith explains in this nine minute video, we’re not so sure. It’s a significant risk, but there’s more resilience in today’s economy than many investors think.
Rathbones In the KNOW blog: In a world of my own
Bear markets are taking their toll. Our head of multi-asset investments, David Coombs, explains how his team are trying to protect portfolios and prepare for a better future
Rathbones In the KNOW blog - Investors stay under pressure as recession fears mount
Financial markets remained rocky in April amid growing worries about the downside risks to global growth. The one bright spot was company earnings which, by and large, proved better than expected.
Rathbones - The Sharpe End podcast: Bear necessities
portfolio in a bear market and avoiding the pitfalls of emotional decisions, their love/hate relationship with the hamster wheel of earnings season, and why – despite attracting the attention of a rather eccentric billionaire – pure play social media companies have never really turned their heads.
Rathbones - The Sharpe End podcast: American beauty
This month, David Will and Rahab try to make sense of what simultaneous recessionary and inflationary risks mean for markets and central bank policy. Also, what does the difficult start to the year for ESG investing mean for its future? And they explain why Ulta Beauty has been surprisingly resilient despite rocky markets.
Rathbones: Rathbones targets modern slavery for third year with biggest collaborative engagement yet
Rathbones has launched its third Votes Against Slavery engagement, securing support from 122 investors with assets under management totalling £9.6 trillion.
Rathbones In the KNOW blog - ESG: three confusing letters
The ESG acronym is everywhere now. But these three letters can spell a lot of confusion. Our sustainable multi-asset investment specialist Rahab Paracha explains why the recent war in Ukraine has prompted a new debate on what belongs in ESG funds.
Rathbones In the KNOW blog: Are all the geeks American?
US tech firms have played a dominant role in driving stock market returns for several years. Co-chief investment officer Ed Smith asks: will future innovation continue to be concentrated in America? And where should investors look to for the next wave of tech innovation?
Rathbones In the KNOW blog: Dialling it down
The war in Ukraine has impacted virtually all commodity prices. Households and businesses are already feeling the effects, notes David Coombs, our head of multi-asset investments.
Rathbones In the KNOW blog: Avoiding the hot air
Hydrogen power should be a powerful fuel of the future, which is leading to a lot of hype today. Our sustainable multi-asset investment specialist Rahab Paracha explains why investing through larger energy companies seems the best course for now.
Rathbones: Investment Update: Russia/Ukraine - Caution is warranted
Risks of higher inflation and slower growth have gone up, and so too have the number and degree of uncertainties around the investment implications.
Rathbones: Rathbones In the KNOW blog: Is it time for a financial Plan B?
It’s been many years since inflation has given investors something to worry about. Rathbone Income Fund co-manager Carl Stick believes UK equity income sector may be an attractive antidote.