Blue Whale urges investor caution as markets continue to navigate Russian invasion of Ukraine

Powell expected to raise rates in March

Blue Whale chair Peter Hargreaves and chief investment officer Stephen Yiu encouraged investors to err on the side of caution, in a live Q&A held for their clients today (2nd March), as Russia’s invasion of Ukraine continues to shake up markets.

Now is the wrong time for clients to pull out of their investments, Hargreaves told investors, as he recommended clients hold their nerve, adding that "bounce back" was likely if and when a resolution to the conflict was reached. Commenting on the "relative" stability in global markets, Hargreaves noted that initial concerns over reactions from China, a region that relies heavily on Russia's oil supply, have calmed somewhat, as China continues to pressure Russia to stabilise global markets. The LF Blue Whale Growth Fund, which is overweight US stocks, has been buoyed by the market the...