In light of the ongoing conflict between Israel and Hamas, we’ve had a market update prepared by Zenith Investment Partners, our investment consultants, that discusses the considerations for inflation, bond volatility and portfolio construction. We note that the situation is obviously highly fluid and still evolving, which makes identifying the longer-term implications on geopolitics and markets challenging.
As is always the case during periods of volatility, we remain in constant contact with Zenith Investment Partners in regard to the underlying managers within our model portfolios. Although we remain susceptible to short-term volatility, we retain confidence in these highly experienced managers and believe their defensive characteristics will reassert themselves over the medium-term. As we often see markets rebound quickly after periods of high volatility, making any hasty portfolio decisions at this stage could be to the detriment of your long-term objectives.
If you would like to discuss this market update further, please contact our team.