Above page content

    Site map  Cookie policy

CEO update - 20 May 2020

Covid-19 update from Paul Abberley - Chief Executive at Charles Stanley

by
Paul Abberley

20.05.2020

While markets continue to have their ups and downs, they have moved broadly sideways of late, pulled around by three influences. First, there is a nagging unease that the partial recovery in stock markets since March doesn’t take into account the true damage to the real economy. But there are occasional glimpses of hope that a vaccine might be discovered and deployed in record time. Finally, there is some reassurance from the continued buying of securities by central banks, an intervention believed inconceivable before the financial crisis in 2007.

Against this backdrop, our investment managers are also taking into account the higher volatility of markets, which impact current portfolio risk, but without losing sight of the long term time horizon appropriate for most of our clients. They are also considering options to mitigate the impact of dividend cuts on portfolio income. We are in new territory, but that is the nature of investing. No period is like its predecessor. It’s just that the differences are more dramatic right now.

My personal contribution is to strive to ensure that all our staff have the best environment we can provide to protect their own safety whilst maximising their ability to serve our clients.

 

 

 

 

 

 

Get in touch

Find out more

Our focus on clients has endured since the foundation of Charles Stanley in 1792 and has helped make us one of the UK's leading wealth management firms. Your interests give shape to everything we do.

Please call us to talk about your circumstances or complete the enquiry form.

020 3797 1783

Make an enquiry

If you have some questions we'd be happy to help.

Get in touch

Coronavirus (COVID-19)

Our latest information

Stay updated

Subscribe to our weekly email newsletter.

Subscribe here

Local Office

Your local office

Your local Charles Stanley office can help advise you on a wide range of investment management services.

Select an office

Share

Newsletter banner signup