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.
FIS Digital – June 2020
Three pillars to the economic response
FIS Digital – June 2020
Florida: Opportunities in a crisis
The Florida State Board of Administration has made some strategic moves to take advantage of opportunities in the dislocation, including in private equity, distressed debt and active listed equities.. But CIO, Ash Williams, is concerned about the underlying real economy.
Amanda WhiteOctober 6, 2020
FIS Digital – June 2020
Asset owners adapt and respond to COVID
The Responsible Asset Allocator Initiative finds that 25 leading public pension and sovereign wealth funds, with assets of $6 trillion, are investing tens of billions of dollars in COVID-19 solutions and in funds to support stricken companies. Here they look at what the leading asset allocators around the world are doing to respond to the pandemic.
Amanda WhiteAugust 26, 2020
FIS Digital – June 2020
Investors outline actions for resilience
Global economic activities will not be back to pre-COVID levels until 2022 according to CPP Investments’ outlook, with the giant Canadian investor expecting the situation to get worse before it gets better.
Amanda WhiteAugust 25, 2020
FIS Digital – June 2020
Five lessons from the COVID-19 crisis
The coronavirus pandemic sparked a surge of volatility across global financial markets. In this paper, MSCI looks at five key lessons for investors from the crisis, including that managing factors was more critical than picking stocks.
MSCIAugust 24, 2020
FIS Digital – June 2020
COVID-19 impact far from over
New research looking at the impact of COVID-19 under different scenarios – from opening of economies to no vaccine – suggests the economic consequences of COVID-19 under all scenarios is substantial and the ongoing economic adjustment is far from over.
Warwick McKibbin and Roshen FernandoAugust 19, 2020
FIS Digital – June 2020
IMCO uses nimbleness to advantage
Meticulous planning for the next market crash, and an eye on liquidity, meant IMCO was well positioned to invest, particularly in credit, when the opportunity arose. The fund continues to use its agility to its advantage and is now looking for opportunities in private markets.
Amanda WhiteAugust 17, 2020
FIS Digital – June 2020
Alternative data as a market predictor
It is critical to analyse how much COVID-19 could impact the US economy and stock markets but most of the traditional factors or economic indicators will lag the market movement. Therefore, alternative datasets other than the financial data show their explanation power to provide insights into the pandemic. This article, by academics at Tsinghua University, University of Illinois and Carnegie Mellon University, looks at the pattern of the market fluctuation from the perspective of alternative data.
