Ukraine: An Update

We continue to be shocked and concerned at the unfolding humanitarian crisis in Ukraine and the senseless loss of life.

I have had a few questions from clients asking how the conflict and the sanctions being imposed on the Russian regime may affect portfolios.

The reassuring answer I can give you is that our clients’ investments have virtually no exposure in financial terms.

Clearly there are wider economic implications the longer the conflict continues, something that we will track on your behalf and update accordingly at our regular reviews or in future editions of this newsletter.