Exposure rates of the Dorval Asset Management Range – 17th April 2020

Most countries across the world will have started partly normalizing by mid-May, and despite the slew of uncertainties that still remain on Covid-19, investors have two reasons to hope that lifting the lockdown will facilitate a significant economic recovery.

Firstly, in China, the rebound in domestic demand is being borne out and the risk of a second wave of the outbreak seems to be under control for now, and secondly, large pharma companies are beginning to report fairly encouraging partial results on treatment protocols.

 

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