Outerblue introduces a new series of podcasts entitled “The Day After” where our experts share their thinking on what the long-term implications of the current, unprecedented crisis on the investment landscape could be.
In this first episode, Pascal Blanqué, Amundi's Global CIO, highlights the key reasons why the current crisis could be the trigger for a regime shift that could, in the long run, lead to a new equilibrium with features similar to those seen in the ‘70s. In the journey along this road, investors will need to stay active and rethink their investment approaches around some key principles and especially: diminished returns, a reorganisation of the risk/cost budget couple with a decent target return and a new position of portfolio with a different hierarchy of risk premia and asset classes.
Read the entire paper of "The Day After #1" on Amundi's Research Center website: https://research-center.amundi.com/page/Article/2020/05/The-day-after-1-Covid-19-the-invisible-hand-pointing-investors-down-the-road-to-the-70s
DISCLAIMER: This podcast is only for the attention of “Professional” investors as defined in Directive 2004/39/EC dated 21 April 2004 on markets in financial instruments (“MIFID”), investment services providers and any other professional of the financial industry. Views are subject to change and should not be relied upon as investment advice on behalf of Amundi.