By John Beck, Director of Fixed Income, London, Senior Vice President, Franklin Templeton Fixed Income
When times of turmoil hit, most investors become risk-averse, seeking safety over opportunity for higher returns. The coronavirus-driven crisis is no different in that regard. However, John Beck, our director of fixed income, London, sees some striking differences between this and other crises, and offers some thoughts on where he thinks taking some risk today might make sense.
From a financial market perspective, the events that have unfolded over the past few months in response to the outbreak of COVID-19