We are starting to receive a few calls from clients off the back of the big falls in the markets as to what the Coronavirus impacts may be on your portfolio so we wanted to provide the following update for you.
Please be assured, the Chrysalis Investment Committee is watching unfolding world events and assessing them intently in terms of their impact on your portfolio. We are in constant and regular communication with high level economists and your fund managers for ongoing briefings.
We will be in contact with you regarding further updates on the Coronavirus impacts as and when appropriate.
Please read the attached document attached to this communication from the Head Asset Consultant of the Chrysalis Investment Committee, Kris Kondov. This will help with giving some context on these events and our thoughts.
For now the prudent approach is to remain invested and don’t panic! Rebounds from these pandemic events occur relatively quickly and they are typically significant. We all need to take a breath, continue to be focused on the longer term investment horizon, and weather this current economic storm.
As always we are just a phone call away if we can help you in any way.