How COVID-19 is affecting Asian asset management operations
According to the Johns Hopkins University, there are over 2.6 million confirmed cases of COVID-19 worldwide, with over 180,000 deaths. This pandemic is impacting the global economy and the wellbeing of people in over 210 countries and territories around the world. Financial markets are in turmoil, and asset managers are navigating unchartered waters.
We spoke to a group of COOs from leading asset management firms on how they are coping with the evolving landscape in Asia, the specific approaches being taken, and how their outlook has changed. The consensus has been to stay resilient, respond with agility, and keep pushing important strategic initiatives forward.
This article summarises our findings.