Global economic activity is at a standstill as the world takes an aggressive stance to slow the spread of COVID-19 and that is having broad implications for the investment management industry. Aggressive fiscal and monetary policy responses combined with critical containment actions around the world have made a major economic impact, yet liquidity remains scarce and the outlook for earnings is soft.
When COVID-19 settles down investors will turn their attention to their portfolios and will hope that their investment professionals were diligently working to safeguard their assets during these turbulent times.
This paper looks at the following: