Please see below an article received late yesterday afternoon from Legal & General Investment Managers which provides their latest market views:
As mentioned in my LGIM blog last week, one of the key focuses remains the outcome of the upcoming U.S. election, more so than the ongoing Covid-19 pandemic and it looks like China is nearly back pre-pandemic activity. If stricter lock-down measures are introduced, it is anticipated that these are likely to have a lesser impact on markets than they did in Spring. This is mainly because markets didn’t fully recover from the impact of the first lockdown.
The good news here is that if markets do decline again, this will present a good buying opportunity for investors.
Opportunity is still out there for investors, but it remains important to have a long-term (minimum 5 years) view and a diversified portfolio, which is spread across a number of regions and sectors in order to benefit from these opportunities. The longer the investment term, the better.
Please continue to check our Blog content for advice and planning issues and the latest investment, markets and economic updates from leading investment houses.
Please keep safe and healthy.
Carl Mitchell – Dip PFS
IFA and Paraplanner
27/10/2020