Coronavirus: Monday 9 March Investment Updates


Monday 9 March

In the light of today’s market activity, which saw the shares of oil falling by 30%, US trading halted, and the FTSEs tumbling as far as 8.5%, we write to you with our most recent changes and updates to portfolios.

In the short term, we are right to react to such events as the coronavirus spread; however, to make any drastic changes to portfolios is likely to be counter-productive considering the current market flux.

We have focused on mitigating the risk to portfolios, adding extra ‘padding’ by reducing equity exposure with defensive qualities, including government gilts and AAA bonds.

All portfolios have recorded losses, however with the markets in the uncertain state that they are now, this is only to be expected and many others across the globe are currently in the same boat.

Our aim is to preserve our clients’ wealth as far as possible and help navigate the difficult and challenging markets.

We anticipate further losses before market recovery begins but remain faithful in the mitigating amendments made to portfolios and will continuously monitor the situation, and keep you updated.

It is a real benefit of our Discretionary service that we can react quickly and appropriately to any market events, like those of today.

If you have any further questions or queries, please do email us via


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