ISAPF - Navigating An Uneven Road To Recovery
As individual countries, states, industries and companies plot their emergence from coronavirus closures, the pace of recovery and prospective outcomes are looking increasingly diverse. Jeff Shen considers some of the implications.
In many ways, the coronavirus pandemic has reinforced investment trends that were in place prior to the crisis. Among them: Developed markets outperforming emerging markets (EMs), technology leading all other sectors, momentum outperforming value, and U.S. stocks outpacing the rest of the world.
Yet we also have seen new trends starting to emerge. This is partly because the recovery from COVID-19 and its economic