Additional Background: COVID – 19 is still the top news item affecting the asset management industry. It is linked to the Presidential Election because the U.S. is experiencing another surge in COVID – 19. Thus, President–elect Joe Biden will be forced to address the pandemic whilst organizing his own Administration. Regarding the current surge, we note that the CDC has issued updated guidelines in connection with its various main areas of concern. There is now more in depth coverage of “wearing a mask” and “social distancing.” However, the suggestion to use common sense regarding gatherings is still a top priority recommendation of Government health care administrators.