A note from our Chief Executive, Mary-Anne Daly, about COVID-19
In these extraordinary times, many aspects of our daily lives - from the goods and services we consume to our everyday routines at home, work and school - are being disrupted. The disruption could intensify in coming days and weeks and in the light of this, I wanted to write a personal note to clients, colleagues and other members of our community.
Firstly, it goes without saying that our thoughts are with those individuals and families directly affected by the coronavirus outbreak. As a business, the well-being of our clients and employees is our number one priority and we have implemented a range of measures aimed at containing the spread of the virus, playing our part in supporting health officials as they tackle the rising number of cases. At times like these, being part of a strong, global business means we can continue to provide the quality of service and operational capability that you expect from us, while substantially changing our working practices.
Every day brings new developments, both in terms of the virus’s spread and its impact on the economy and financial markets. We are monitoring the situation closely and are ready to respond rapidly. Our website will be regularly updated with our latest thinking.
At the same time, as an investment business with over 200 years of history, our role as stewards of your investments is to look beyond the immediate. One thing we do know is that this bear market will pass, just as the financial crisis of 2008 and previous bear markets passed. We know what can be accomplished when individuals, institutions and nations pool their talent in search of solutions to world problems. We see first-hand what human ingenuity can achieve in the fields of medicine and technology - and with what speed. While the days ahead will continue to be challenging, and while I do not underestimate the scale of this global issue, I have a powerful sense of optimism.
Meanwhile, my colleagues and I will work as one to get through this and be on hand - by email or phone, if not in person - to deal with your requests and queries as efficiently as usual.
The opinions contained herein are those of the author and do not necessarily represent the house view. This document is intended to be for information purposes only. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations. Information herein is believed to be reliable but Cazenove Capital does not warrant its completeness or accuracy. No responsibility can be accepted for errors of fact or opinion. This does not exclude or restrict any duty or liability that Cazenove Capital has to its customers under the Financial Services and Markets Act 2000 (as amended from time to time) or any other regulatory system. Cazenove Capital is part of the Schroder Group and a trading name of Schroder & Co. Registered Office at 1 London Wall Place, London EC2Y 5AU. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. For your security, communications may be taped and monitored.