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Covid demands revision of investment strategies of pension funds

Investors have never found themselves in a situation when a virus invisible to human eye is stronger than the “invisible hand of the market”. We all are in uncharted territory, and it is totally incomprehensible now what happens next and how the instant deep freeze of the global economies haunts us all, writes OMFIF.
Covid demands revision of investment strategies of pension funds

The restrictions have affected almost all countries in one form or another, and while the crisis is picking up the pace, the leaders of the world's largest organizations are trying to maintain a balance between communication in the present and preparing for the future in a new reality. According to the poll conducted by the international consulting firm Bain & Company, 70% of executives believe that it is important now to demonstrate the organization's attitude towards the well-being of employees and customers, while introducing them to the general idea of ​​what the company will face after the pandemic ends. Most of the industries are recording losses, so the pandemic has a negative impact on the stock market.

Pension funds are now ready to integrate individual investment accounts into their product line. Such accounts are now maintained by brokerage and management companies. In some cases, such accounts bring their owners up to 15% of investment income. “Pension funds need to come to market with new applications," said Colin Robertson, an independent advisor to several pension funds.

Source: https://www./2020/11/covid-requires-reset-in-pension-fund-assumptions/

Photos are from open sources.

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