Reflection on the capital markets reaction to the coronavirus outbreak

It’s been a difficult week for the stock market with the global equity selloff as a result of the uncertainty surrounding the coronavirus and questions about how its impact economic activity, corporate earnings, supply chains, and global growth. We are recommending to our clients to stay the course with their long-term asset allocation policy and not be reactive to market volatility. We are monitoring the capital market environment closely but have not made any changes to client portfolios based on volatility around coronavirus.

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