Industry news and views from Panacea and our partners.
BNY Investments
BNY: Riding the equity market rollercoaster
In this video, Walter Scott client investment manager Murdo MacLean reflects on a volatile period for global equity markets and outlines why he believes diversification and valuations matter.
BNY: UK Equity Income: Not as dull as you think
A lot has been mentioned in the financial media around whether the UK is a good place to invest. Newton’s David Cumming outlines some of the reasons he thinks UK companies are providing investment opportunities.
BNY The new arsenal of European defence
As Europe boosts defence spending in response to rising geopolitical tensions, the technological transformation of warfare is changing how that money is spent, writes Walter Scott investment manager Connor Graham. Now it’s more cybersecurity and sensors and fewer bombs and bullets.
BNY: Strategic bonds: the Swiss army knife of fixed income
Insight Investment senior portfolio manager, Damien Hill outlines why he believes a strategic bond strategy could be the right fixed income tool when it comes to tackling the job of retirement investing.
BNY: Five lessons from 30 years of equity investing
During a long career in investing, Walter Scott executive director and co-chair of the investment management committee, Roy Leckie has experienced the highs and lows of equity markets. Read his five investment lessons to find out what he has learned along the way.
BNY: Asian century: a new world order
Newton Asian income portfolio manager, Zoe Kan, considers how Asian economies are rising as global leaders in technology and trade and why she believes the region is worth looking at from an equity income perspective.
BNY: Led by tech, U.S. outperforming since mid-April
After years of outperformance, the U.S. underperformed other regions during the first quarter. While the debate over whether U.S. exceptionalism can persist continues, the U.S. has resumed its leadership since mid-April - led by the technology sector.
BNY: Resilient retail sales
This year has been characterized by policy uncertainty and fears about the potential impact of tariffs on inflation. While many expected the consumer would crack amid weaker sentiment, it hasn’t happened yet. Retail sales remain resilient, supported by a job market that remains good enough to support spending.
BNY: The case for using a managed income investment approach
Richard Parkin, Head of UK Retirement at BNY Investments, explains how a structured Natural Income strategy, like BNY’s Multi-Asset Income Fund, provides a modern, reliable solution for retirement income that supports advisers in delivering sustainable, predictable outcomes amid changing client needs and regulatory expectations. This article was originally published in IFA Magazine and authored by Sue Whitbread.
BNY: Pounds in pockets: why natural income matters in retirement income planning.
Discover how natural income can support your clients' retirement plans, helping them keep more pounds in their pockets with ease. This article was originally published in IFA Magazine and authored by Sue Whitbread.
BNY: Will America’s economy be “great again”?
At the annual BNY Investments UK conference titled “A New Era” held at the Corinthia hotel in London, Newton Investment Management’s deputy head of equity income, John Bailer set out to convince investors that there is real value in the American market.
BNY: Putting a price on retirement
Have you considered how you would like to spend your retirement, and how much it might cost? It’s a tricky question to answer, but Pensions UK in conjunction with Loughborough University has created the Retirement Living Standards* framework to help you answer exactly that! When considering how much you will need, Pensions UK has categorised the cost of retirement into three possible standards of living – minimum, moderate and comfortable.
BNY: Are valuations expensive?
Last week the S&P 500 reached yet another all-time high. After nearing a 20% decline in April, the index is up over 8% year to date. With a 22x forward price-to-earnings ratio for the S&P 500, many investors are wondering if the market is expensive. Our analysis suggests that valuations are high because the market is more profitable, which is driven by tech.
BNY: 60/40 no more: fixed income allocations and how advisers decide
Many obituaries have been written for the 60/40 model, yet it has had surprising resilience as the default equity/bond setting for a balanced investor.
BNY Mellon: Mixed job market
Last week the market received mixed messages about the condition of the labor market. Nonfarm payrolls came in lower than expected, and the previous two months of data were revised sharply lower. Yet initial jobless claims were also lower, and the unemployment rate remains in range. We believe the U.S. economy can still deliver modest growth this year.
BNY: Putting the pieces together: Using natural income in retirement
Decumulation in retirement has been described as “the nastiest, hardest, problem in finance”* . This may be true, but it is also one of the most interesting and important.
BNY: Thinking beyond yield in bond markets
Insight Investment believes that an active approach to fixed income allows investors to exploit structural inefficiencies inherent to bond indexes. Here, it detail the potential opportunities.
BNY: Balanced investing in an unbalanced world
Newton head of mixed assets investment, Paul Flood, discusses the confluence of macroeconomic factors leading the multi-asset team to look outside the US for investment opportunities.
BNY: What Is Driving Slowing Inflation?
Inflation came in cooler than expected in May. In fact, it’s down from January’s growth rate of 3.0% year over year to 2.4%. While stickier services components such as shelter have driven this decline, could the recent uptick in oil prices and higher tariffs pose headwinds?
BNY: Evaluating fixed income: is it doing the right job in a portfolio?
Advisers are rethinking the role of fixed income in portfolios after the challenges of 2022. While risk reduction remains a primary goal, higher yields and the turbulence of recent years have prompted shifts in allocation strategies and exposed gaps in evaluation processes, particularly for strategic bond funds.
BNY: Fastenal: the nuts and bolts
In this video, Walter Scott client investment manager Murdo MacLean talks about US nuts and bolts and safety equipment supplier, Fastenal. What makes this 58-year-old company stand out?
BNY: The Future of Gilt yields
Considering the volatile global landscape, can some stability be found in UK Gilts? Here, Insight Investment’s Dave Hooker, senior portfolio manager and lead on UK bond strategies, shares his outlook on Gilts.
BNY: Alternatives: bouncing back?
It’s been a tricky couple of years for parts of the alternatives sector. Higher interest rates saw capital flow towards the bond market instead, while many pension funds offloaded alternatives as they de-risked portfolios. But is now a better environment for real assets? Newton head of mixed assets investment, Paul Flood, discusses.
BNY: Credit positioning since Liberation Day
In this video, Insight Investment senior portfolio manager Damien Hill talks about credit positioning amid heightened volatility and tariff turmoil.
BNY: Is this the bond index you should be using?
The Bloomberg Global Aggregate Bond Index’s scale is vast, encompassing more than 30,000 securities from more than 3,100 issuers and with a market capitalisation of over $50 trillion1. Here, we explore why it’s the premier choice for bond investors.
BNY: Are alternatives bouncing back?
In this video, Newton head of mixed assets investment Paul Flood outlines where he sees opportunities in alternatives after a tricky couple of years for the sector.
BNY: Trump volatility: a multi-asset perspective
In this video, Newton head of mixed assets investment Paul Flood reiterates why, in the wake of Donald Trump’s ‘Liberation Day’, he thinks it’s about time in the market rather than timing the market.
BNY: Comparing Concentration Risk Around the Globe
While some fear the S&P 500 is too concentrated in its top 10 stocks, our analysis tells us something different.
BNY: What could Trump mean for global equity income?
In this video, Newton global income portfolio manager Jon Bell considers some of the forces shaping global equity markets 100 days into Donald Trump’s second tenure as US president.
BNY Global Credit Fund Q1 2025 update
Watch a quarterly Fund update with April LaRusse: Head of Fixed Income Specialists at Insight Investment.