Powering through the COVID-19 pandemic in terms of economy

1. Powering through the COVID-19 pandemic in terms of economy For people working in investment banking companies, amidst the COVID-19 crisis, the pressure to perform is immense. Wealth and investment managers are facing tough times not just in making the right investment decisions regarding hedge funds, asset growth and returns, but more about assuring their clients that the worst will soon be over and their business and assets will see growth again in no time. Investors that are panicking about losing their asset value might want to indulge in panic selling. But as their managers and investment confidants, investment bankers and wealth managers need to be the investors’ anchor. The uncertainty that has emerged due to the pandemic will not doubt be around for a significant amount of time in future. Bankers and wealth managers will have to be more vigilant and quicker in making decisions and follow the continuity of business as the circumstances are bound to change anytime. While an asset manager working for an asset management company would term the aggressive responses in fiscal and monetary policies already around the world as reassuring, he or she cannot shy away from accepting that the clarity on how these actions will work to actually bring stability in the markets and boost the path towards everything being normal again, is still blurry. However, another thing that is quite relaxing to know and gives comfort to various banks and their customers is that while the markets dipped to crises, the capital rations were actually at their strongest points more than anytime in past ten years. What the banks and the investment banking companies need to do right now is that they need to proactively bring into consideration what the immediate needs of their customers and the people are. It is important to note that banks do have the opportunity to support current market and activity in the economy. They can also help in facilitating quick return to stability. If the capital markets and banks actually take charge and respond properly to the unparalleled challenges that the society and the economy is facing right now, then in this way, the wouldn’t be just doing a favor to the society in general, but will also be inculcating trust and building a solid good reputation of the entire banking industry for a good long future. www.avendus.com

2. You could consult with your asset management company and they would tell you that for economy to recover and for businesses to be able to get back to properly running and start over, it is going to take a minimum of four to six months after lockdown. But the real challenge is going to be tapping consumer demand since their purchasing power is going to be highly affected in the long run. One should also remember the drastic change that we are going to see in the purchasing patterns of the buyers. So all in all, it is going to take more than a year of so for the economy to get back to the state where it was earlier. But again, corporation and patience without panic, www.avendus.com