CBIS has been closely monitoring the recent failure of Silicon Valley Bank (SVB), First Republic Bank’s decline in shares, and the collapse of Signature Bank over the weekend. CBIS’ Investment Team is working closely with our sub-advisers to monitor the situation.
Do the CBIS Global Funds have exposure to these three banks?
The CBIS Global Funds do not have any exposure to Silicon Valley Bank, First Republic Bank, or Signature Bank.
What are the potential implications for the world economy?
CBIS’ Investment Team is in close contact with our sub-advisers and in the coming days we will share our thoughts on how this will impact the global economy.
For more information click here.
Read the commentary from the investment team on their thoughts on the potential implications for the world economy. Click here.