Ninety One’s Saunders says lifting lockdowns too soon could slow recovery
Governments that imposed lockdowns to contain and manage the coronavirus are likely to order gradual return to work to get economies going
06 April 2020 - 19:57
Lifting Covid-19 lockdowns too early may have a lasting effect on economies as a recurrence could cause more destruction across global markets, says Ninety One’s co-head for asset growth, Philip Saunders.
“We’re going to see a variably geometric-type approach, but I think now there is a sense of urgency to start to peel back the lockdowns to actually limit the economic damage that’s been done,” Saunders said on a call to investors on Monday...
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