M&G Investments

We are pleased to announce that M&G Investments' Real Assets team recently completed a co-investment in H2O Innovation on behalf of our portfolios, including our Impact Strategy, in partnership with Ember Infrastructure. For Professional Investors only. H2O Innovation is an end-to-end water solutions company dedicated to providing best-in-class technologies and services to its customers. The co-investment capital supports H2O Innovation's acquisition of NextEra Distributed Water via a carve-out transaction. Find out more via the Ember Infrastructure website: https://lnkd.in/ejy6J7Xg Deal team: Anish Majmudar, CFA, Deepak Arora, CFA, Kathryn Kahil. For Professional Investors only.

Risk or opportunity? Stuart Canning, Fund Manager in the Global Macro Team, examines the market’s expectations for the outcome of the US election and the likelihood of volatility. https://ow.ly/KVcF50TXnjm

Bonds on the move⏱️: Finding value throughout the economic cycle. For UK Professional Investors only. In the time it takes Fund Manager, Ben Lord, to grab a coffee, he discusses how the team try and find value in credit throughout the economic cycle, and where on the yield curve he’s most comfortable right now. Capital at risk. Find out more on Fixed Income: https://ow.ly/XK3O50TQxUC

Higher long-term yields are seen as inevitable (!) due to runaway debt levels and entrenched views that the yield curve must steepen. Such developments offer valuable clues as to why investors remain enamoured with stocks despite lofty valuations: if you keep losing money in government bonds and you think the currency is being debased even faster than usual, where else would you park your money other than in stocks after all? In this weekly snapshot from Stefano Amato, we consider how these evolving dynamics are influencing asset allocation decisions. #WeeklySnapshot #Equities #MarketInsights #MarketAnalysis #FinancialTrends

Bonds on the move⏱️: Where are interest rates heading? For UK Professional Investors only. In the time it takes our Deputy CIO of Fixed Income, Stefan Isaacs, to walk to the station, he shares his insights on where interest rates are heading, how credit markets behave when the economy slows down, and the importance of healthy company balance sheets when selecting credits. Capital at risk. Find out more on Fixed Income: https://ow.ly/eHLz50TQxhB

“Although minor in the grand scheme of things, few would have considered use-cases such as frozen canine snacks in the energy demand models of a decade ago.” https://ow.ly/Inzy50TSgPR Granular energy transition models all contain an inherent tension – between better energy efficiency due to technological progress, and the emergence of new energy use-cases, which are often made possible precisely because of technology. In this article, we look at examples of this dynamic in practice, and consider how it may impact energy demand in the coming decades.

The S&P 500 has experienced its best streak in 2024 over the past six weeks. Price action feels like equities just want to go up and the pain trade is higher from here, as more (former) bears get stopped in. The ‘Fed cut + China stimulus’ one-two combo might well be identified as the obvious cause for a melt-up in equities a few months into the future. For now, balancing a constructive macro outlook with some healthy skepticism remains key. In this weekly snapshot from Stefano Amato, we consider potential overvaluation risks and macroeconomic factors influencing investor sentiment. #WeeklySnapshot #Equities #MarketInsights #MarketAnalysis #FinancialTrends

It was a successful evening for M&G Investments as we won Best Asset Manager and Best Japanese Equity Fund at fund research house RSMR’s ‘R Awards’ for 2024, hosted in London last week.   RSMR’s awards recognised the funds and fund houses it believes are among the best-in-class in their relevant peer group.   M&G was represented by Sabrina Gleeson, David Halfacre, Katie Hammond, and Sunny Romo at the awards evening.   More information on the awards ceremony can be found in Portfolio Adviser article: https://ow.ly/sW6S50TQsKS Awards are not an indicator of future performance.

Bonds on the move ⏱️: Where for value in today’s bond market? For UK Professional Investors only. In the time it takes Fund Manager, Richard Woolnough, to walk to the office, he reveals where investors could find value in today’s bond market, given a likely path of falling interest rates. Capital at risk. Find out more on Fixed Income: https://ow.ly/CeHa50TLIoI

Markets remain a giant Rorschach Test: we all look at the same charts, and yet we see very different things. At the moment, however, there seems to be a broad consensus that there are ‘no growth risks on the horizon’. Regardless, global equities sit at all-time highs while the perceived gap between US stocks and the rest seems to continuously widen. In this weekly snapshot from Stefano Amato we look at the performance of the S&P 500, and what investors should be watching out for. #WeeklySnapshot #Equities #MarketAnalysis #FinancialTrends