Investment Influencers coronavirus crisis Q&A: David Coombs of Rathbones

Industry impact of Covid-19

UK fund selectors give their unique take on the rapidly evolving global coronavirus crisis from a professional and personal perspective. Today, we hear from David Coombs, fund manager at Rathbone Multi Asset Portfolio Funds.

How does the market fallout from the coronavirus pandemic compare with other tough times during your career? Are there lessons you have learnt during your career that can help you now? Every crisis is different, and so every recovery is also different. In this case, we believe the same companies and sectors that were doing well before the crisis will continue to do so. That means favouring growth over value. Many value stocks may never recover and dividends are likely to be cut in many cases. Supply chains will be re-examined in terms of location, and globalisation will be challenged a...