Aviva Investors looks at what resilience means in the current context, as COVID-19 hits global economies
The coronavirus pandemic has roiled markets and disrupted business models around the world. One consequence of the crisis has been a renewed focus on what makes a company resilient: from the size of its debts to the consistency of its revenue streams.
But resilience is not a static quality. What it means to be resilient will shift under different market conditions, argues Mikhail Zverev, head of global equities at Aviva Investors.
“You need to ask the question: ‘resilient to what?’,” he says. “Like ‘quality’, ‘resilience’ may sound like an absolute concept, but it depends on context. Whether the risk is a theoretical black swan or a clear and present danger, equity investors need to look at a company’s capacity to respond and adapt to change.”
Hey, small business owner, have you been paying your super? It’s become common knowledge that small business owners are ...
Shaping the future: discover how global custodians are driving innovation through digital solutions in the Australian and New Zealand markets.
The world’s electricity grids are large, but they are about to become giants with the fundamental shift to the electrifi...
The journey towards achieving carbon neutrality, or net zero, by 2050 is not only essential for our planet but also incr...