COVID-19 is taking its toll on the world, causing deaths, illnesses and economic despair. But how is the deadly virus impacting global poverty? The World Bank argues that it is pushing about 40-60 million people into extreme poverty, with its best estimate being 49 million.
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.