Our perspective on global micro event and strategies.
As an investment director in Investment Products and Strategies, Matthew is responsible for a range of investment approaches and custom solutions for our clients in Europe, the Middle East and Africa (EMEA). He helps to ensure the integrity of our investment approaches by overseeing portfolio positioning, performance and risk exposures, as well as conducting analysis to inform the investment process. He meets regularly with the investment teams, develops new products and client solutions and manages business issues. He also meets with clients, prospects and consultants to communicate our investment philosophy, strategy, positioning and performance.
Income is getting increasingly difficult to come by these days. Amid the severe market downturn in March, global central banks aggressively cut interest rates in an effort to lessen the damage. Meanwhile, as many large corporations effectively ceased to operate, stock dividends began to collapse.
Although the headlines focused mainly on the immediate impact of these developments, investors who rely on the equity and fixed income markets to generate regular income in the form of dividends and/or bond yields — from insurance companies to pensioners and endowment funds — will, unfortunately, likely feel the impact of this unprecedented crisis for years to come.
The crisis has also shone a bright spotlight on various strategies, across asset classes, that pay out regular income to investors, particularly the manner in which many of these strategies have been…
At times like this, it never hurts to dust off basic, time-tested principles — like the importance of staying invested through thick and thin — that even sophisticated investors may lose sight of when fear takes hold. While we don’t yet know how long the COVID-19 crisis will last, the extent of its economic impact, or when markets will bounce back, here’s what we do know.