Covid-19 crisis tests asset manager strategies
Market volatility reveals weaknesses in strategy for many, writes Pedro van Gaalen
The Covid-19 pandemic has unleashed untold economic devastation across the globe. The uncertainty and impact of lockdowns sent markets into tailspins. The resultant market volatility exposed potential weaknesses in an asset manager’s risk-adjusted strategy.
"The crisis definitely tested the industry’s resourcefulness and the resilience of individual asset management approaches," says Sangeeth Sewnath, Deputy MD at Ninety One.