PA360 Digital: High-quality businesses 'likely winners' in post-Covid shock economy

‘What goes down must come up’

Jenna Brown
clock • 2 min read

There will be a very strong recovery over the next 12 months as the markets move on from “Covid shock” with quality businesses presenting the strongest investment opportunities, according to Carmignac.

Speaking at PA360 Digital earlier this month, fund manager Obe Ejikeme said asset managers were faced with a "complex combination of time horizons" but it was possible to successfully invest for both the medium and long-term. He said: "The business cycle is incredibly important. Where we are today could be very attractive for not just equities but certain types of equities in the next 12 months as we recover not just from Covid but also from the cycle downturn that started in 2018. "Our job in equity asset management is very difficult. We are in a world of scarce growth with few oppor...

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