LONDON - The pandemic will change everything, we’re told – but how? For investors, picking the right themes and sectors for this new environment will be key. Citywire World of Asset Management assembled a line-up of CIOs to tell us what those themes might be.
Long-term trends have been accelerated by the pandemic and senior investors such as BlackRock CIO Nigel Bolton see a compelling case to be made for the healthcare sector, as well as anything associated with flexible working. While China will continue to be a major play for UBP’s private banking CIO Norman Villamin, the ongoing trade war with the US is likely to throw up clear winners and losers among emerging markets according to BlueBay’s Mark Dowding.
The hunt for yield will also result in a widening gap between winners and losers, a lack of defensive assets makes diversification more challenging, income investing and ESG could be pulling in different directions, and investors must contend with distortions in the fixed income market.
All these themes are discussed in this film of edited highlights from World of Asset Management sessions which also feature Ninety One’s co-head of multi asset growth Philip Saunders, Aviva Investors’ credit CIO Colin Purdie, Capital Group investment director Julie Dickson and Annika Lombardi, portfolio manager at Lord Abbett.
A gallery of pictures from the sessions is available here.
You can also access the World of Asset Management Journal, including full reports on all six discussion sessions, here.