Further update from our COO

In light of the impact from COVID-19 on the global economy and the financial markets, our Chief Operating Officer gives an update in addition to the initial information we provided on March 3, 2020.

Resilience during a time of turmoil

As of today, our Business Continuity Program (BCP) measures are active across the entire Vontobel Group. We can confirm that, given the extreme circumstances and in view of the significant dislocation in financial markets, our BCP arrangements have been effective:

• No significant disruption to any of our core portfolio management activities
• The impact to our collective teams, their ability to work productively, and perform their duties has been minimal. In accordance with local government and health agencies’ instructions, we have separated teams, are using backup facilities where available, and have instructed many of our colleagues to work from home
• Plans are in place to ensure our continued ability to maintain operations should the situation escalate further

Focus on staying close to our clients

In view of the disruption to our daily lives and the inability to conduct in-person meetings, we still strive to stay close to our clients and communicate. We are sharing our Portfolio Management teams’ views directly as well as using digital channels. Please check our website here  as we continue to provide updates.

In the meantime, we wish you, your colleagues and your loved ones strength and good health. If you have any questions that we can address, please don’t hesitate to get in touch with your client representative.