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Multi-Asset – CIO Market Update – 24th Apr 2020

Friday, April 24, 2020

CIO Market Update with Will Bartleet
CIO and multi-asset portfolio manager at Pacific Asset Management

In the US, the House of Representatives passed the $484 billion aid package. The US Food and Drug Administration warned patients about the risks of taking malaria medications, something that President Trump has suggested as a treatment for COVID-19; there has been no comment yet on his suggestions for tests into using a disinfectant “by injection inside”.

European leaders signed off a 540 billion Euro plan to support businesses from the immediate impact of the lockdown whilst discussions continue for a longer-term package.


IMPORTANT INFORMATION: Issued and approved by Pacific Capital Partners Limited, a limited company registered in England and Wales, authorised and regulated by the Financial Conduct Authority. The information contained herein is not approved for use by the public and is only intended for recipients who would be generally classified as investment professionals. Information or opinions contained in this article do not constitute an offer to sell or a solicitation, or offer to buy, any securities or financial instruments or investment advice or any advice or recommendation in respect of such securities or other financial instruments. Where past performance is shown it refers to the past and should not be seen as an indication of future performance.

 

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