An important read for all about the market recovery. So, we have finally received good (in fact, great) news in relation to the Global pandemic suffered in 2020. You will have read in yesterday’s headlines……
One small shot for man – one giant leap for mankind! It is clear that progress made in relation to developing vaccines (as it’s hopefully likely that a number of leading Biotech developers – working with Global Pharma businesses, are close to announcing further positive news) are incredible – at a speed that would historically be expected to take many years. Yesterday, the news from a Pfizer/BioNTech created a surge in sectors that have been hugely impacted by Covid-19, and most importantly created ‘light at the end of a long tunnel’ for health, market recovery and the economy – leading to hopefully a return to a more normal way of life. Click the link to read an excellent overview from The New York Times: Understandably, this has created a surge in activity, with investment clients focusing on a potential repositioning of their asset allocations. There are clearly too many issues to discuss in this communication as advice is always personal to the individual investor’s needs and goals, so we recommend that all investors again re-appraise their personal positions and engage with our expert professional advice process – communicating your personal position so we can provide the best advice, delivering the best possible outcomes for the long term. As all investors will know and understand, investing carries inherent risks – which there are many, where the best management of these risks, consider your personal needs, producing the best investment outcomes – using quality assets independently selected at a value price point – with quality service. We are confident that our investment portfolios are leading on a risk adjusted basis, but we must work with our clients to make sure our clients are placed in the suitable portfolio to meet their long term needs – always being mindful that shorter term plunges in asset prices can develop. Our investors will be very aware of our exemplary service and performance delivery across the portfolios we manage, not only the shorter term – Covid 19 period but the long term also. We continually strive to deliver the very best service and outcomes for our clients, this is our focus. We expect markets to be volatile, as no certainty (if there is every such a thing!) in relation to the speed/shape of the economic recovery are absolute – leading to asset prices moving to more normal levels – but clearly the markets have received the news in an extremely positive way. A market recovery indeed. More asset managers and investment banks are now saying it’s ‘time to get aggressive’. Central Banking Policy Central Banking Policy will hopefully remain accommodative as the economy is fragile and will need support for months to come – as the vaccine news is likely to take many months to be administered to the mass population around the World. We must all remain vigilant and safe in order to stay healthy for the many months to come, as we have all made huge sacrifices to arrive at this point in time. Our Message Taking a fresh look at a changing outlook for existing investments is essential, as markets never stand still. Clearly, advice is firstly assessed against an investor’s needs, tolerances to capital loss, goals and aims and risk capacity – so governance and compliance with the regulated requirements are the starting points. Expanding the understanding of complex financial markets to our retail investment clients is our goal (without over complicating the process with jargon) so all investors can logically follow the professional support we provide (following the process of investing is simple – it’s the asset management that isn’t easy!). We love delivering great news to our clients – which we have done against many troubled ‘market shocks’ over many years. We need our clients to be ‘active’ in reviewing their ‘financial health’ so we urge investors to be mindful of the need for periodic reviews. We carried out a huge task of communication in a short space of time just as lockdown was initially lifted (and before). We wanted to provide clarity in relation to their actual results gathered and to make sure that their investment portfolios remained suitable to meet clients’ needs – which was 100% certain for the longer term, where invested. We think we need to be active once again, with our large number of investment clients – if only to ensure that the investment positioning is where investors wish to remain, given this NEW changing outlook. All investors will have seen our recent performance data overview via email. Attached is the email thread and detail once again: It is clear that society and investors are starting to re-focus on ‘opportunities’ so revisiting asset allocations – making ‘top ups’ or regular payments in to products are becoming the new thinking for our clients, along with the Estate Planning (Trusts/Wills and Protection Planning) that all families require. We know that many of our clients appreciate the detail of our communication, we hope this is the high majority, rather than the core of attentive investors. (I was earlier reading a Market Overview I wrote in December 2009! How time flies by!) Action We urge you to consider your present financial circumstances, needs and goals and to engage with us in order to be best placed to match these needs and deliver your goals. Footnote Earlier this morning, Russia announced that its SPUTNIK Vaccine is 92% effective in a Phase 3 trial. Russia announced that 10,000 so far have already been vaccinated who were high risk. Investors will be aware that Russia had previously announced positive news in relation to their vaccine – which briefly surged markets a number of months ago. Efficacy was questioned, which quickly flattened the news. We assure you of our best and focused attention at all times as we see this current market recovery happening before our eyes. Stay safe – stay healthy, as it may be that we can see the ‘light at the end of the tunnel’ so remain vigilant. Very best wishes. Richard and Best Price FS Team Want to talk to me about eligibility for or money management services? We have strictly limited spaces so fill in the form below and we will arrange a call with you to check suitability. |
