News and events
Dancing on the debt ceiling
Is America approaching the finish line for interest rate hikes? The team discuss the latest from the other side of the pond, including all the fun of the debt ceiling political football. Meanwhile, are the fears and stresses in the commercial property market signs of an opportunity or a justified warning to stay well away? That leads the team to ponder US insulation and roofing business, Owens Corning, and the tailwinds that should support the company in coming years.
Read time: 2 mins
Multi-asset webcast | May 2023
Read time: 1 min
Wake me up when recession ends
Given all the recession chat, Rahab tries to bring some positivity to this episode and challenges Will and David to build a bull case for investing. Following the UK’s Green Day announcements, the team also discuss why it seems net-zero is falling down the priority list, what this means for electric vehicles and why they believe global auto technology company Aptiv could be the winner in this space.
Read time: 2 mins
Sleepless in Silicon Valley
Trying to unpick the turmoil in the banking sector, the team discuss what happened in the last week or so and what it means for the future, and explain what action they’ve taken as a result. Their gaze then shifts to our fair shores as they ask whether, after a few years in the investment wilderness, the UK could be on the precipice of some structural changes that might support the economy and perhaps the equity market too.
Read time: 2 mins
Love Satchually
Could David’s usual prediction of US stocks beating European ones come a cropper this year? The team also explain why US real estate investment trusts are a different ball game for them vs the UK market, and where there are some exciting opportunities. Finally, the team turn a loving, Valentine’s Day gaze towards European luxury goods giant LVMH and discuss just why the company’s resilient earnings are perhaps worth paying a pretty penny for.
Read time: 2 mins
Rathbone Fixed Income webcast | March 2023
Read time: 1 min
Multi-asset webcast | February 2023
Read time: 1 min
A Lidl less compensation
The team kick off 2023 discussing the outlook for the year ahead: what stays the same, what changes, and why it’s important not to overreact simply because there’s a new calendar adorning our desks. They also discuss whether consumers trading down in household staples will mean less-resilient revenues, and why they think global skincare and cosmetics giant Estee Lauder presents a different story to its peers.
Read time: 2 mins
The quotes of Christmas past
Join the whole Sharpe End team for the Christmas special edition where Craig, Rahab, and Will hold David to account for his predictions for 2022. Just how well did David call the fortunes of the UK economy? How accurate were his views on speculative technology and cryptocurrency? And, importantly, did he beat last year’s score of 4.5 points!?
Read time: 2 mins
QuidDitch
The team ponder whether, after the not-so-mini reaction to the Chancellor’s ‘mini-budget’, it’s finally time to buy UK bonds again or whether US Treasuries still look a better place for capital, and explain how they are tackling currency exposure in the face of a continually volatile pound. Also, what does the return to a world of higher costs of capital and risk-free rates mean for markets, and how should it change how we invest?
Read time: 2 mins
Rathbones multi-asset investment update | October 2022
Fund Manager Will McIntosh-Whyte, Rathbone Multi-Asset Portfolios and Rathbone Greenbank Multi-Asset portfolios, will give an update on the funds and discuss some of the topics that are front of mind.
Read time: 1 min
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.
Read time: 2 mins
Recovery rolls on, belying rocky times
Earnings are booming in the West as the recovery rolls on despite investor nervousness.
Read time: 4 mins
Full of surprises
Recent inflation headlines have made for uncomfortable reading, and volatility picked up as investors remained sceptical of policymakers’ messaging. But we don’t think rising inflation is here to stay as there are too many other phenomena that will push it down.
Read time: 4 mins
America blooms
America is opening up along with the spring blossoms, and a strong summer of spending seems to be on the way. The rebound in fortunes has helped the S&P 500 reach new highs which, as chief investment officer Julian Chillingworth notes, go hand in hand with rising yields.
Read time: 4 mins
Springing yields
Bond yields and a new season’s flowers both sprung up last month, heralding an end to the dark days of lockdown winter. Chief investment officer Julian Chillingworth ponders the big question on investors’ minds – does this also foreshadow a prolonged period of higher inflation?
Read time: 3 mins
A bleary-eyed awakening
After a busy start to the year there’s still a lot of uncertainty swirling around in markets. But economies tend to bounce back hard after sombre periods, and hope remains that our eventual return to ‘normal’ will be no different.
Read time: 3 mins
Optimistic realism in a vaccinated recovery
A roller-coaster of a year finished on a high note for the markets, and we start 2021 with a sense of relief that one of the most difficult years many of us have ever experienced is behind us.
Read time: 4 mins
Staying balanced
With a clutch of vaccines on the way soon, equity markets were in a buoyant mood in November. But there are still a lot of things we don’t know – and even some things we don’t know that we don’t know…
Read time: 3 mins
America (finally) decides
Equities fell in October as investors came to terms with tighter lockdown restrictions, but hopes for a new round of US stimulus under President-elect Joe Biden have buoyed markets, and Chief investment officer Julian Chillingworth reckons we should take heart.
Read time: 3 mins
Post holiday blues
With summer fading into memory, a long uncertain winter of social distancing lies ahead. It’s easy to feel gloomy, but as chief investment officer Julian Chillingworth argues, we should try not to buy into the doom.
Read time: 4 mins
A patchy summer
As summer winds down and the pandemic persists, governments are finding it hard to taper their support measures.
Read time: 4 mins
Managing expectations
The hard data is coming in and so far companies have fared better through the pandemic than expected. Just how long complete recovery will take no one knows, but as chief economist Julian Chillingworth notes, we maintain our long-held belief in the human capacity to co-operate and solve problems.
Read time: 3 mins
Are the bears in hibernation, or just napping?
With the groundwork laid for a rapid recovery, equity markets reflected continued optimism in June. But as chief investment officer Julian Chillingworth notes, significant risks remain.
Read time: 3 mins
Rathbones announces changes to High Quality Bond Fund leadership
Rathbone Unit Trust Management (“Rathbones”) announces that fund manager Noelle Cazalis will leave the business to pursue other interests outside the UK. Fixed Income fund manager Stuart Chilvers will assume lead fund manager responsibilities for the Rathbone High Quality Bond Fund with immediate effect and with no change to the investment process or objective of the fund.
Read time: 3 mins
Rathbones-led campaign wins ‘Stewardship Initiative of the Year’ at PRI Awards 2022
- Votes Against Slavery initiative saw non-compliant FTSE 350 Index companies targeted with investor action
- 2022 marks the third iteration of the campaign
Read time: 5 mins
Bespoke fund EGM results
For the EGMs held 28 September 2022 for Rathbone Pharaoh Fund, Rathbone Quercus Fund, Rathbone Sherwood Fund, Rathbone Sussex Fund, and Rathbone Dragon Trust, results of the resolutions have been communicated with investors as appropriate. For more information, please contact your usual Rathbones representative.
Read time: 1 min
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.
Read time: 8 mins
Heritage fund EGM results
At an EGM of shareholders held 26 January 2022, the resolution that the scheme of arrangement (the “merger”) between Rathbone Heritage Fund and Rathbone Multi-Asset Strategic Growth Portfolio, a sub-fund of Rathbone Multi-Asset Portfolio (as detailed in the Information Pack sent to shareholders on 15 December 2021), was passed. Accordingly, the merger is expected to take place on 22 April 2022.
Read time: 1 min
Rathbone Heritage fund merger
As part of an ongoing review of our portfolio of investment opportunities for clients, we are informing you of a proposed merger of the Rathbone Heritage Fund (the “Heritage Fund”) with the Rathbone Strategic Growth Portfolio, a sub-fund of Rathbone Multi-Asset Portfolio (the “Strategic Growth Portfolio”).
Read time: 1 min
Rathbone Unit Trust Management appoints new CIO
The appointment follows the announcement of Julian Chillingworth’s retirement in 2022.
Read time: 3 mins
Notice to shareholders: Rathbone SICAV Multi-Asset Portfolios
We are informing you in our capacity as investment manager of the Rathbone SICAV Multi-Asset Portfolios (“the Company”), to inform you we will be contacting your client(s) about some changes to the objectives of some of the sub-Funds.
Read time: 1 min
Rathbones launches latest Planet Paper: Good COP bad COP, a guide to human efforts to tackle climate change
Prime Minister Boris Johnson has told the world to “grow up” and tackle climate change; that “this is the most important period I think now in the history of the planet - because COP simply must succeed”.
Read time: 2 mins
Rathbone Ethical Bond Fund enters government bonds for first time with purchase of UK green gilts
Bryn Jones, lead manager of the £2.6bn Rathbone Ethical Bond Fund, has added exposure to government bonds for the first time by investing in the UK’s green gilts.
Read time: 2 mins
Rathbones bolsters equity income research capability with analyst hire
Rathbones Unit Trust Management has strengthened its equity research capability with the hire of Keval Thakrar.
Read time: 1 min
Rathbone Investment Management expands access to Rathbone Greenbank Portfolio Range for advisers
Rathbone Investment Management, one of the UK’s leading providers of investment management services for individuals, charities and professional advisers, is pleased to announce the launch of a new range of client propositions, which will invest in the underlying funds in the Rathbone Greenbank Portfolio Range.
Read time: 6 mins
Year in Review Masterclass | December 2022
What are the lessons learned from 2022 and what can we expect to come in the months ahead and into 2023? Listen to Rathbone Funds Chief Investment Officer Tom Carroll and panellists discuss.
Read time: 1 min
Multi-asset Masterclass | November 2022
With interest rates and bond yields on the way up, what does it mean for asset allocators and the expected risks and returns from the world's various markets? Listen to David Coombs discuss this and much more.
Read time: 1 min
Multi-asset Masterclass | September 2022
There's plenty of gloom and doom in the markets but what does that mean if you are invested in multi-asset funds? Have they got the flexibility and the know-how to avoid the downsides and risks, but still give exposure to the rewards? Listen to David Coombs and panellists discuss this and much more.
Read time: 1 min
UK Equities Masterclass | September 2022
What are the current movements in the UK equity market and how are fund managers positioning their portfolios accordingly? Listen to Alexandra Jackson and panel members discuss.
Read time: 1 min
Akademia: Futureproofing fixed income investments – May 2022
The Rathbone Ethical Bond Fund passed its 20 year anniversary in May; listen to our head of fixed income and lead manager on the fund, Bryn Jones, fund manager Noelle Cazalis and head of ethical sustainable and impact research at Rathbone Greenbank Investments Kate Elliot, discuss the role of fixed income and ethical investments in a client portfolio. Taking a look at the past 20 years in the sector and how they have put this wealth of experience to work, pathing the way for the next 20, whilst exploring themes and trends they believe lie ahead.
Read time: 1 min
Fixed Income Masterclass | March 2022
UK inflation is now above 6% and rate rises appear imminent. What does this mean for your clients fixed income and capital? Bryn Jones, our head of fixed income, joins the panel to discuss, addressing the following within the debate:
- What fund managers are doing to mitigate the impact of inflation on fixed income
- The impact of rising interest rates on an already leveraged financial system
- The implications of running loose monetary and fiscal policy at the same time
Read time: 1 min
Multi-Asset Masterclass | Dec 2021
COVID and inflation are two unwelcome guests who have returned to Western economies and markets, so what does this mean for multi-asset portfolios? Will McIntosh-Whyte is on panel to discuss: How multi-asset managers are looking to counter the effects of inflation on investor returns. The challenge sustainability regulation is creating for multi-asset funds. The growing influence of China on global financial markets.
Read time: 1 min
Fixed Income masterclass | Sept 2021
As we enter the last part of the year, we take a look at the outlook for fixed income. Bryn Jones is on panel to discuss some of the latest updates in this sector. How great a threat inflation poses to fixed income investors today; how bond managers are looking to identify long term corporate cashflows in the wake of COVID; and the growing role of sustainability in running fixed income portfolios, plus more.
Read time: 1 min
Be clear, be trustworthy
Brits are on board with investing sustainably to make the world a better place, but impenetrable jargon and complicated processes are preventing them from doing so. We need to try harder to speak their language, says Rathbone Global Sustainability Fund manager David Harrison.
In pursuit of green
Sustainable investing isn’t just about avoiding the risks of outdated businesses or environmental PR disasters, explains our Global Sustainability Fund manager, David Harrison. It’s also about spotting opportunities that can be captured if you keep your eyes on the future instead of the past.
Cutting cost is good, investment is better
Ten years ago this month, the American stock market, stricken by the global financial crisis, bottomed out and started one of the longest upward market trends in history. Now, a decade on, Rathbone Income fund manager Carl Stick thinks it’s appropriate to talk about change.
