Seaspray Quarterly Investment Outlook- Q1 2021
Risk assets have seen a broadly positive start to 2021, and while we acknowledgethat it has not been a simple and straight forward ride higher for markets, we donote that the S&P500’s ‘VIX volatility index’ at the beginning of April has tradedthrough its lowest price since before the initial pandemic-led equity sell-off. Webelieve market participants …