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 Catholic Responsible Investment (CRI) Funds have exposure to these three banks?
The CRI Funds have minimal exposure.
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 inplications for the world economy. Click here.