Palisade Capital Management

mobile
Home > News & Insight > Special Update

Special Update

Thursday, March 05, 2020

As health organizations and governments around the world work to contain the Coronavirus (COVID-19) and markets remain volatile, Palisade is taking measures for the safety of its employees while maintaining the utmost commitment to clients. Transparency and open communications with clients are Palisade core values, especially during uncertain times, so I wanted to provide a brief update regarding Palisade’s operations during this challenging period.

Palisade has a business continuity plan that is regularly tested, and we have conducted additional testing to help ensure that all employees can work remotely if (and perhaps when) necessary.  We have pre-planned contingencies in case any member of our team becomes ill and have taken measures to limit travel, gatherings, in-person meetings, and other interactions that may put our employees at risk for potential exposure.  Additionally, starting next week, we will be rotating our staff between working in the office and working remotely, in an effort to reduce group exposure.  While these measures are not fool-proof, I am confident that Palisade’s operations will continue to run smoothly as the Coronavirus situation evolves. 

The financial markets remain volatile over Coronavirus fears and other macro-economic factors, and we are monitoring all client portfolios extremely closely.  Palisade’s risk management team is actively engaged with our portfolio managers and we remain committed to our long-term investment philosophy and process.  If you would like to hear our specific thoughts concerning the economy and financial markets, please visit our News & Insight page where we have been posting market update videos.  

If you have any questions concerning Palisade’s operations, our investment strategies, or our market views, please do not hesitate to contact us.


“”

More Recent News & Insight

Friday, March 27, 2020
MARKET UPDATE from Dan Veru
Posted in Market Commentaries
During this stressful time, we know that your health and safety, and the wellbeing of your family and friends, is your number one priority. Like all previous crises, we will recover a stronger nation. However, as the coronavirus (COVID-19) pandemic accelerates domestically and the U.S. economy, the strongest and largest on earth, has come to a grinding halt, many of our fellow citizens are significantly impacted. We are almost certainly in a recession, but the government response is of a size and scale that has never been seen before, even during the 2008 financial crisis. I am confident that the economy will endure and a three- to six-month bottoming process for stocks and corporate bonds has likely begun.
Read More
Monday, March 23, 2020
OPERATIONAL UPDATE
Posted in Announcements
As mentioned in our prior updates, all Palisade team members have the capability and tools to work from home for extended periods of time without any disruption to our investment management operations or your client experience. In fact, every Palisade employee has worked remotely for at least a portion of the past three weeks while our office technically remained open.
Read More
Monday, March 16, 2020
Palisade Operational Update
Posted in Announcements
Anxiety and fear are running high across the board, and with good reason, as the world is simultaneously dealing with two of the most sensitive topics for individuals: health and finances. We understand your concerns and want to once again reassure you that Palisade is operating smoothly during this difficult period.
Read More
Friday, March 13, 2020
Client Relations Update
Posted in Announcements
Palisade remains fully operational and committed to serving our clients during these challenging times.
Read More
Tuesday, March 10, 2020
Market Update: Current Conditions
Posted in Webinars
On March 10, 2020, Palisade Capital Management Chief Investment Officer Dan Veru provides an update on current market conditions.

View all Latest News & Insight

Connect with Us

One Bridge Plaza, Suite 695, Fort Lee, New Jersey 07024 | (201) 585-7733 | Get Directions | Contact Us

Stay Informed

Sign up for our mailing list and stay up to date on the latest information and news from Palisade Capital Management.