Partner Insight

In the wake of recent underperformance, healthcare is entering the new year with compressed valuations just as innovation picks up and a post-COVID reset winds down. That should make for a positive outlook, say Portfolio Managers Andy Acker and Dan Lyons.

This should at least be good for fixed income

The euro area and US central banks have applied similar monetary policy tightening over the past 18 months with distinctly different results. We see three key reasons why

It is a mistake to focus on mark-to-market calculations rather than forward profitability

US budget deficit may mean yields stay higher for longer

Investors risk missing out if they don’t take full advantage in fixed income

Modest rate cuts would be justified in this scenario, says US investment giant

The cash debate is a perfect example of where advisers deliver value to clients. The question of ‘should I invest in cash?' is not straightforward, but for the longer-term saver, all the data points to investing being the best option for many.

With passive funds often the preferred vehicle to gain exposure to short dated credit, we outline the pitfalls associated with this approach and highlight some of the under-appreciated benefits of being active in this space

Some strategic bond funds are more effective than others