For all of us, the last four or five weeks have been like no other. The COVID-19 health crisis we have been fighting is effectively a war that has simultaneously been waged all over the globe. And, as in all wars, there have been significant human casualties.
The different containment measures many countries have employed to contain the spread of the disease have created sudden and significant shockwaves for all markets.
Our Autumn Update attempts to provide a detailed explanation about the market reaction to COVID-19. This is significantly longer than normal because the unique and complex nature of what we are experiencing, couldn’t easily be condensed into just a few paragraphs.
As the year unfolds, we look forward to continuing to update you with the progress of investment markets in, we hope, much less turbulent times.