Updates on Ukraine developments
Amid the ongoing tragic events unfolding in Ukraine, we review what has happened, consider possible scenarios, and outline the potential market implications.
We will keep you updated on this fast-changing situation.
We understand that you will have a number of questions about your investments at the moment and we are doing everything we can to help answer these. Please be assured that we are constantly monitoring the situation in Ukraine and looking at what is best for your investments.
This webpage has been created to help keep you fully informed of developments as they happen. It will be updated regularly with articles that we hope will provide you with answers to any questions you might have.
If you would prefer to speak to someone, please get in touch with your adviser, who is always available to help.
Ukraine update 23 March 2022
Russia continues to devastate Ukraine and the tragedy for its people has deepened. We are shocked and saddened by these terrible events and our hearts go out to the millions of people affected.
Against this continuing tragedy the oil price has risen and inflation has increased. But we note that US and European equities posted their strongest weekly performance since November 2020 in the week ending 18 March. This was driven by hopes that Kyiv and Moscow had taken steps towards a tentative peace plan*. Markets continue to be resilient, and we hope that they remain so.
In these troubled times, we want to assure you that we continue to monitor developments and do everything we can to look after the assets you have entrusted us with. We also want to remind you that our holdings in Russian and Belarusian assets are very small, at less than 0.25%. We are making every effort to remove these from our portfolios and we won’t make additional investments in Russia and Belarus for the foreseeable future.
We believe our investment principles of investing for the long term and holding a portfolio of diverse assets appropriate to your circumstances remain as relevant as ever. Please remember that our advisers are on hand to provide support that you may need.
We are playing our part in supporting the victims in Ukraine and have asked our colleagues to donate to the emergency appeal from the British Red Cross. This can help victims of this tragedy get food, medicines and basic medical supplies, shelter and water. We have encouraged our employees to contribute to this appeal and are matching their contributions. In the meantime, our thoughts are still with the people of Ukraine.
* Financial Times, ‘The day in the markets’, 19/03/2022; FactSet, ‘US weekly recap’, 18/03/2022
Past performance is not a reliable indicator of future results. The value of investments and the income from them can fall as well as rise and are not guaranteed.
Investment Outlook webinar
Watch our Investment Outlook webinar that took place on Thursday 10th March. During this one hour recording you'll hear the views of our investment specialists and economists.
Insights: Read articles about the ongoing crisis unfolding in Ukraine
Our view on the advance on Ukraine
The economic ramifications of these tragic events are being felt right across the world. However, while we can recover from these repercussions, the lives of many Ukrainians will be changed forever.
Ukraine development and your investments
Developments in the Ukraine have the potential to become a human tragedy. But they will also have an impact on global stock markets and on your portfolios.
Useful questions and answers
Will Schroders Personal Wealth be investing in Russian and Belarus in the future?
We will not be investing further in Russian and Belarus assets in the foreseeable future based on our ethical beliefs as a business.
Are there any other things Schroders Personal Wealth is currently doing?
Our investment managers continue to monitor events and markets regularly assessing holdings. The diversified nature of our investments and risk positioning ahead of the crisis have been supportive. We will also keep our clients updated on markets and our investments.
We believe it is important to play our part in supporting the events in the Ukraine where we can and we are asking our colleagues to make donations via the British Red Cross to support this rapidly evolving crisis.
The British Red Cross have launched an emergency appeal where donations could help someone affected get food, medicines and basic medical supplies, shelter and water.
We are encouraging our employees to contribute to this appeal and will match their contributions.