Skyline-dreamstime_xl_83151081-img

THE CORONAVIRUS: Impact on business and markets

FEG is actively monitoring the global spread of novel Coronavirus (COVID-19), and its potential impact on the markets and our business operations. Our priority is the safety of employees, our clients, and business partners, as well as ensuring we provide continuous service to our clients.  

Below please find a quick update on FEG commentary and our business procedures.

Impact on Markets 

The past weeks saw the fastest decline into a bear market, a dramatic increase in market volatility, falling interest rates, and plummeting oil prices. We continue to provide our insights as they develop and are constantly evaluating economic and market conditions. To that end, all of our commentary related to COVID-19 and its impact on markets can be found at the bottom of the page.  

FEG Business Continuity

The risks posed by the COVID-19 outbreak, most importantly the potential for loss of life on top of the economic consequences, require a thoughtful approach to managing our firm and our engagement with clients.

On March 22, the Governor of Ohio (our headquarters), issued a stay-at-home order. Our business will remain open with all employees working remotely and available to help clients via phone, email, and video conference.

“We understand this is a time full of anxiety and uncertainty,” said Becky Wood, CEO.  “Our thoughts are with everyone affected by COVID-19, and we hope that everyone will be safe.  We are grateful that FEG’s preparedness through our business continuity plan allows our team to be safe while working proactively on behalf of our clients.” 

Additionally, we are postponing the FEG 2020 Dallas Investment Symposium which was scheduled for May 12. We will reach out to clients with updates on FEG’s future plans to provide this educational content in the coming weeks.

If you have any questions, please reach out to your primary FEG contact or email us here.

 

FEG News & Media Contacts

Sarah Wessling-Web 2.4.19-1

Sarah Wessling

Manager of Marketing

Strategic Communications

513.719.5088