The big news for financial markets in March was of course the problems in the financial sector, in which US banks Silicon Valley Bank and Signature Bank went bankrupt and Credit Suisse needed bailing out by means of a forced marriage with UBS. The VIX index, which measures volatility in the US S&P500 equity index, climbed to 26, its highest level since September last year.
Please see Kempen’s Asset Allocation Outlook for April. The highlights this month are:
Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested. Past performance provides no guarantee for the future.