Business as usual - March 2020
Our business continuity commitment to you in these unprecedented times.
Following President Ramaphosa’s address and national lockdown announcement on 23 March 2020, Coronation has implemented business continuity plans, and your portfolio will continue to be actively managed as the markets respond to the consequences of the COVID-19 pandemic. We heard the Presidency’s call to flatten the infection curve and have taken the necessary operational steps to respond appropriately and to play our part in this time of crisis.
During the lockdown, certain financial services companies, such as Coronation, have been classified as ‘enabling services’ that provide essential national support. As your fund manager, we remain committed to providing you with business-as-usual service levels, with the exception of in-person meetings. You can still contact us via the usual channels (email: firstname.lastname@example.org or call: 0800 22 11 77).
We have implemented remote work facilities and the majority of our team will be working from home during the lockdown, with rotational skeleton teams on site in Cape Town. Our regional offices in Johannesburg, Pretoria and Durban, as well as our international offices in London and Dublin are currently closed.
We continue to monitor the situation and actively participate in the current national dialogue. In addition, we will contribute to the Solidarity Fund, which has been established by the business community to support severely affected small businesses and the medical profession.
Wishing you and your families safety and health during this extraordinary time.
Head of Personal Investments