The pandemic is spreading rapidly in the US, which is now following the rest of the West into self-isolation. Beware of leverage and expect dividend cuts, warns our chief investment officer Julian Chillingworth.
With dividends pressured, companies focus on financial strength
As global stock markets dive in the face of the COVID-19 pandemic, charities may be wondering what they should be doing with their portfolios, if anything. No doubt, this has been a terrible economic jolt which has made many people ill with fear. Not just about their health and their financial security, but about the potential for the whole financial system to come apart at the seams.
The global economy has suffered a shock that is as ‘novel’ as the coronavirus. But the response has also been unprecedented, and should bolster the recovery when it comes.
Market volatility has been through the roof, with US stocks first falling rapidly and then shooting higher faster than at any time since the 1930s. Despite these jarring moves, financial markets are unlikely to close, argues our head of asset allocation research Ed Smith.
The Rathbones Folio Prize not only champions the finest contemporary writing, it nurtures new talent through the Rathbones Folio Prize Mentorships. Here we talk to teenage writer Henna Ravjibhai, who recently completed the programme, about the difference a year of mentoring has made.
One of the brightest young stars in world literature, Valeria Luiselli was named the winner of the £30,000 Rathbones Folio Prize on Monday 23 March, for her third novel, and her first to be written in English, Lost Children Archive.
The UK government has unveiled a phenomenal package of support to try to stem layoffs and backstop society. Now people have to lend their support to each other, argues our chief investment officer Julian Chillingworth.
The winner of the Rathbones Folio Prize will be announced this evening at a fully digital award ceremony.