By Kieran Fox, Irish Funds – We are all well aware of the human and public health cost which Covid-19 has had since March of this year when its impact reverberated around the globe. Although general consensus is that we still have some way to go until there is a vaccine or other resolution to the pandemic, central banks and regulators are now beginning to look into the effect the crisis had on capital markets during the early days of its impact and seeking to learn lessons from this.
By Nick Toubkin, Senior Client Director (pictured), Strabens Hall – Successful investing for retirement isn’t just a matter of putting your savings into assets and waiting for income and profits to be generated... It is, instead, about playing the long game and keeping an eye on your investments, monitoring performance over a period and having periodical conversations with your adviser.
Almost all (89 per cent) UK wealth and asset managers plan to maintain flexible working patterns for employees first introduced in response to the Covid-19 pandemic, according to a new report by Lloyds Bank.
Caution, cash conservation and Covid-19 driving investor sentiment into 2021, says Citi Private Bank survey
Citi Private Bank has released the results of a survey led by the Private Capital Group, providing insight into the thinking of some of the world’s most sophisticated family offices and investors during an unprecedented health and economic crisis.
Since the start of the Covid-19 lockdown about six months ago, Legal & General has helped over a million more customers with their online services, recent usage data shows.
Financial and technology firm True Potential has donated GBP200,000 to support vulnerable and disadvantaged people during the coronavirus crisis.
By Achi Lewis, EMEA Director, NetMotion – We have all become painfully familiar with the notion of working from home (WFH) or remote working because of Coronavirus restrictions. The professional services sector has not been immune to this ‘new normal’ either and firms/advisers have had to quickly alter their day-to-day working practices.
The dramatic impact of Covid-19 has forced advisers to re-think how they maintain effective communications with clients, with many turning to screens and digital channels to assure anxious investors about their portfolios and the security of family legacies during these unprecedented times. Lorna Glynn (pictured), Managing Director of Paragon Customer Communications, explores how wealth managers can seamlessly adapt digital adoption strategies to prepare for a ‘new normal’ after the pandemic.
The market downturn in March and April 2020 that abruptly ended a 12-year bull run in equities presented rare buying opportunities not seen since the end of the last recession in 2009, and with millions of Americans now working at home, people are devoting more time to day trading in lieu of other activities, according to the latest Cerulli Edge – US Retail Investor Edition.
The world will remain distorted by the economic and social impacts of the coronavirus until an effective vaccine is widely available, says Terence Moll, Head of Investment Strategy at 7IM.