We don’t need to tell you what an extraordinary year 2020 has turned out to be. Bushfires that started in 2019 were still raging into the first quarter of 2020 and as they were finally extinguished, COVID-19 took the whole world by surprise, rapidly spreading across the globe and testing healthcare systems to their limits. COVID-19 also shook the foundations of national economies but no less unprecedented were the powerful responses of national governments in trying to mitigate the impact of the virus on financial markets and consumers. In this investment update, Gryphon reviews the year that was 2020.
Investment Update Dec 2020