Mensuel de mai 2020 - Fonds d’investissement

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Reopen vs. reactivate: Lessons from China's experience
Economic recovery in developed markets will be slower compared to markets like the Chinese and other North Asian markets, says Evan Brown, Head of Multi-Asset Strategy at UBS Asset Management.   Across the world, investors and non-investors alike are focused on when and how economies will 'reopen,' after Covid-19 related shutdowns. But just as important, if not more so, is when will economies 'reactivate?' In other words, when and how do consumers feel safe enough to resume normal spending behaviors? When will businesses feel they have created a safe enough environment to bring back workers and resume pre-crisis levels of production?   It is well understood that a widely available vaccine is still several quarters away. It is also broadly agreed that a...
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