INVESTMENT UPDATE & OUTLOOK QUARTER 3, 2021

October 2021

Markets have continued to outperform and move higher than pre-Covid levels, while the pace of the economic recovery in Q3 has continued to be strong. Market normalisation continues but regionally the recovery has been uneven. Covid cases increase as economies reopen, but mortality rates fall supporting the view that more lockdowns are unlikely which should allow some activity to continue to improve.

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