The COVID-19 pandemic of 2020 brought an abrupt halt to the longest bull market on record. And while markets around the globe managed to rally, volatility, uncertainty, and caution remain the watchwords of the new investment environment. According to the International Monetary Fund (IMF) June 2020 World Economic Outlook, the global economy is likely to contract by 4.9% in 2020, and GDP growth in 2021 will be slower than pre-COVID levels.
Read this whitepaper to learn how this slowdown has accelerated the trend among institutional and high net worth investors to seek broader portfolio diversification.