Industry news and views from Panacea and our partners.

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Investment Outlook – Where are the opportunities?


Fidelity Adviser Solutions’ Investment Outlook explores the key themes shaping markets in the second half of 2026, including the ongoing AI investment boom and a reassessment of global equity leadership. Discover expert views on equities, bonds and alternatives, and why diversification remains crucial amid uncertainty and evolving investment opportunities. Watch or read

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Inflation is reshaping the case for private markets


With inflation more persistent and volatile, the traditional equity-bond relationship is becoming less reliable. Read M&G's Lighthouse article for expert insight on how private markets can strengthen diversification and build resilience across inflation regimes.

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The Sharpe End podcast: Losing the plots


A month into Kevin Warsh's tenure as the closely watched Fed Chair, investors are debating whether this is simply a change of personnel or the start of a new era for US monetary policy. Next, the team turn to AI, after a sharp sell-off in the mega-cap hyperscalers amid growing scrutiny of the sustainability of their spending. Finally, this month’s stock spotlight is Amer Sports – a name that might not be familiar, but who owns brands such as Arc’teryx and Salomon that are certainly growing in popularity.

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Middle East conflict: a multi-asset perspective


With conflict in the Middle East disrupting energy markets and reshaping inflation and rate expectations, clients are looking to you for clarity. Read M&G's Lighthouse article for expert multi-asset insight to help guide confident client conversations.

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IHT Top Trumps: Which strategy comes out on top?


Sharpen your IHT planning with the final session of M&G's Trusts School (16 July). Compare trusts with annuities, whole of life and Business Relief through practical case studies, earn up to 70 minutes of CII CPD, and take away insights for client conversations.

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Power, pipes and precision: the exciting next five years of investing in sustainability


Despite a noisy backlash against ESG, Rathbone Greenbank Multi-Asset Portfolios Fund Manager David Coombs argues that the underlying direction of travel hasn't changed – and identifies the themes he believes will drive returns over the next five years. Read more

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Where do interest rates go if growth weakens but inflation increases?


Rising interest rates are back, but why? What does this mean for inflation, growth and equities?

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Schroders multi-asset investment views – June 2026


Recent US labour market data supports our view that there is a low risk of a US recession, and our positive view of equities continues to be supported by earnings.

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View from the markets: Consumer watch


Oil prices dropped far more quickly than many analysts expected following the announcement of the Memorandum of Understanding between the US and Iran.

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View from the markets: Fair weather outlook


Increased US share issuance is a sign of equity market exuberance, with investors focused on the exceptional outlook for earnings.

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Why sovereignty is reshaping investing in a fragmented world


Geopolitics is shifting from uncertainty to sovereignty. How do control, power and strategy now shape global markets?

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From geopolitics to policy: what drives bond yields next


June 2026 update: With a resolution in the Middle East now looking more likely, we take a look at how bond markets may react once the focus moves away from geopolitics.

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Equity rally to roll on as stagflation risks recede


With inflationary pressures likely to abate as the US and Iran make progress towards a peace agreement that would stabilise oil markets, equities should build on their recent gains.

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Markets focus more on UK’s problems than who’s in No 10


The UK's intractable problems mean it will be difficult for a new PM and Chancellor to invest for growth and maintain market confidence.

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US high yield: Resilience against interest rate and spread volatility


The US high yield market has weathered recent market turbulence well, but selectivity is becoming increasingly paramount.

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Where do interest rates go if growth weakens but inflation increases?


Rising interest rates are back, but why? What does this mean for inflation, growth and equities?

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The trillion-dollar company that still looks cheap


With all the coverage about Elon Musk’s SpaceX IPO and its intergalactic valuation, you may not have noticed when Samsung quietly entered the club through a side door a few weeks ago.

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Technology legend Steve Wozniak surveys the IT landscape


It’s 50 years since Steve Wozniak created the first Apple computer and changed the face of modern technology. And his curiosity and insights are as keen now as they were in 1976.

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High Yield Happenings: The fixed income allocation that doesn't behave like the rest


Artemis' Jack Holmes makes a clear case for adding short-dated high-yield bonds to a balanced portfolio.

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Why the yen is set to strengthen – and why that matters


Normalising interest rates, among other factors, signpost a strengthening of the yen over the medium and longer term.

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Japan: Authorities push against a strong dollar and oil


The Iran conflict has triggered fresh policy challenges for Japan. The Ministry of Finance has resumed yen intervention but will struggle to reverse depreciation while the Iran conflict remains unresolved. The Bank of Japan is close to hiking and reconsidering its bond tapering path.

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Multi-Asset Investments Views: Midnight oil


SpaceX’s initial public offering saw the company valued at about $1.8 trillion, which propelled it into the world’s top 10 firms by market capitalisation.

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Monthly Market Views: Political transitions and market caution


UK investors face another change in political leadership. This could also mean a shift in economic policy with a focus on stimulating growth and addressing the country’s regional inequalities.

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Why Asia’s energy shock will hasten the clean transition


USD 100 oil is the best advertisement for EVs, says former Philippines energy secretary Vince Pérez, who believes the Iran war is speeding up Asia's energy transition.

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A different ask of global equities as investors seek downside protection


In a more volatile world, capital growth has ceased to be investors’ top priority, according to Schroders Global Investor Insights Survey 2026. Instead, equities must play a part in achieving greater diversification and downside protection.

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Resilience by design: multi-asset portfolios for volatile markets


A look at the benefits of deliberate, long-term multi-asset portfolio construction.

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Climate realism: why infrastructure investing needs a policy lens


A more realistic view of how investors can support decarbonisation.

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China: Late to the AI sprint, strong in the marathon


In today’s global artificial intelligence (AI) industry, the US leads in frontier models and accelerator design, Taiwan manufactures the most advanced chips, South Korea supplies high-bandwidth memory, and investors crowd into the most obvious winners.

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Three common misconceptions about active ETFs — and why they matter in volatile markets


As more investors incorporate active ETFs in their portfolio, several recurring claims keep surfacing that don’t fully hold up in practice.

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Global infrastructure: Why a selective approach matters


As the infrastructure universe expands, investors must look beyond broad labels and test whether assets still offer the characteristics that make infrastructure attractive.

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Prudential International achieves highest-ever AKG ratings


Prudential International has achieved an A financial strength rating and 5 stars for service from independent ratings agency AKG. These are the strongest ratings received to date and reflect both financial strength and service delivery. The latest AKG assessment is available to support adviser due diligence and research activity.

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Mid-year outlook: Prospects remain upbeat for equity and fixed income investors


The global macroeconomic outlook was dominated by two themes in the first half of 2026: the Middle East conflict and the continued boom in artificial intelligence-related spending.

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Emerging markets: a heritage built through every cycle


Aberdeen’s panel discuss navigating EM volatility through cycles, supply-chain resilience and a diversified, all-cap approach.

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Fixed income outlook: finding opportunity in uncertainty


Aberdeen examine the repercussions of recent global events including in the Middle East, with a focus on how these developments are influencing economic growth and inflation, as well as shaping the trajectory of global monetary policy.

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Article: From luxury to necessity: air-con and ventilation


Britain may not be built for heat, but its future increasingly demands that it is. Rathbone UK Opportunities Fund Manager Alexandra Jackson and Rathbone Greenbank Global Sustainability Fund Manager David Harrison explore the investment case behind cooling, ventilation and climate resilience.

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Lighthouse Edition 2


Lighthouse Edition 2 is now available. Explore the latest market insights to support informed client conversations and portfolio decisions.

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American postcard: SpaceX, stock tips from bellhops, and the AI gold rush


In his latest American postcard, David Harrison looks past the spectacle of one of the largest-ever stock raises to ask what’s really moving markets. Follow the money pouring from AI model owners and hyperscalers to the chipmakers, suppliers and industrial firms standing in front of an enormous wave of spending.

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Webinar: What's driving US Small caps?


After years of large-cap dominance, the Russell 2000 has outperformed the S&P 500 year to date: is there more to come? Join the Artemis team as they discuss why they believe broadening earnings, attractive valuations and cyclical tailwinds put US small caps in a strong position for future growth.

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Mega-caps, ecommerce and SAINTS


In this episode of Upfront, James Budden and James Dow discuss recent developments in Baillie Gifford's investment trusts, the case for active investing in concentrated markets, and Sea Limited's ecommerce growth in Southeast Asia. Capital at risk.

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Scottish Mortgage Podcast: In Conversation with Gopuff’s Co-Founder


From late-night convenience to everyday essentials, Gopuff is rethinking how people shop. Scottish Mortgage has backed Gopuff since 2021 – and in the latest episode of Invest in Progress, co-founder Yakir Gola discusses the company's long-term ambition.

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