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Over the first half of 2020, the fixed income managers we have interviewed have gone through three distinct phases. Initially, during the market sell-off of late February and March, their focus was on trying to ensure they had sufficient liquidity within their portfolios.
Market uncertainty during the Covid-19 crisis has brought many fresh concerns to front of mind, and Square Mile’s portfolio management team has been focused on the investment journey that clients experience and the best way to navigate it from here onwards.