PERSPECTIVE3-5 min to read

Coronavirus and volatile markets: webinar with Caspar Rock

Markets are rallying in the wake of the US's "bazooka" spending proposals, but only following extreme falls. Chief Investment Officer Caspar Rock outlines his view of markets today, and answers a range of investors' questions on topics from the gold price to sterling, dividend security and whether or not equities are now attractively priced.

25/03/2020
coronavirus-man-mask

Authors

Caspar Rock
Chief Investment Officer

Stock markets responded positively to the US emergency $2 trillion coronavirus support package, finally sealed on 25 March. But this relief came after successive days' steep declines, which have seen most global markets drop approximately 30% in recent weeks.

Volatility in most asset classes remains extremely high. The short and long-term effects of closing down swathes of major economies in order to contain the virus's spread is yet unknown. In the 35-minute webinar, above, Chief Investment Officer Caspar Rock's presentation reviews the past few weeks in financial markets and looks ahead to potential future stages of the unfolding crisis.

With Kate Leppard, Head of Client Service UK Wealth Management, Caspar goes on to answer a range of investors' questions relating to portfolio position, asset valuations and likely future actions - covering many questions, including these below:

  • Are you reducing risk? What might prompt you to do so?
  • Is this crisis different from previous market crisis?
  • Have we reached the "bottom" - or the point at which we should be buying equities? And if so, what's the best way to benefit from the recovery?
  • Gold has gone up sharply but before that lost value. Why hasn't it behaved more like a traditional safe-have asset?
  • Why is the pound weakening?
  • Will the measures being taken by central banks and governments to support economies result in higher inflation?

If you were unable to join this live webinar but would have liked to listen in and pose questions, more will be held in coming weeks. Please look out for invitations from your usual contact.

Issued in the Channel Islands by Cazenove Capital which is part of the Schroders Group and is a trading name of Schroders (C.I.) Limited, licensed and regulated by the Guernsey Financial Services Commission for banking and investment business; and regulated by the Jersey Financial Services Commission. Nothing in this document should be deemed to constitute the provision of financial, investment or other professional advice in any way. Past performance is not a guide to future performance. The value of an investment and the income from it may go down as well as up and investors may not get back the amount originally invested. This document may include forward-looking statements that are based upon our current opinions, expectations and projections. We undertake no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements. All data contained within this document is sourced from Cazenove Capital unless otherwise stated.

 

Authors

Caspar Rock
Chief Investment Officer

Topics

Cazenove Capital is a trading name of Schroders (C.I.) Ltd which is licensed under the Banking Supervision (Bailiwick of Guernsey) Law 2020 and the Protection of Investors (Bailiwick of Guernsey) Law 2020, as amended in the conduct of banking and investment business. Registered address at Regency Court, Glategny Esplanade, St. Peter Port, Guernsey GY1 3UF, (No.24546) . Schroders (C.I.) Limited, Jersey Branch is regulated by the Jersey Financial Services Commission in the conduct of investment business. Registered address at IFC1, Esplanade, St Helier, Jersey, JE2 3BX, (No.31076).

The value of your investments and the income received from them can fall as well as rise. You may not get back the amount you invested.