Academics at Chicago Booth looks at three important pillars of the economic policy response to the COVID-19 crisis. First, following the advice of medical experts, we must do all we can to spread the number of infections over time, or “flatten the curve’’. Second, policies should facilitate production and decision-making in a temporarily socially distanced world. Third, we should prepare to make the post-virus recovery as rapid as possible. Importantly they say this is a unique opportunity to make investments in human capital.
The Fiduciary Investors Symposium Digital 2020 global digital program addressed the pertinent issues for investors in navigating a crisis environment. It explored the leadership and investment issues in the short and long term including the disruption to portfolio construction, liquidity and risk management issues, and the need to fast-track purpose before profit. It explored the changing nature of the global economy and whether the status quo processes and behaviours that investment professionals undertake to tackle risks and opportunities will be sufficient in the future.
This online interactive conference brought together investors, academics and fund managers to share the stories and ideas around investment opportunities out of this crisis and how it can be an opportunity for a more equal and sustainable economy.