Asset owner caution helps soothe Covid-19 pain
Larger asset owners' caution early this year helped shield them from market drops, says a new survey. Sovereign wealth funds were largely spared too, but this could change.
Institutional investors' defensiveness early in 2020 helped cushion them from the worst of the market impact of the coronavirus, and many have since sold fixed income securities to maintain overall equity positions, finds research released on Thursday (May 14) by the International Forum of Sovereign Wealth Funds (IFWSF) and State Street.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.