Aviva Investors’ response to COVID-19

In light of the uncertainty resulting from the COVID-19 outbreak, Aviva Investors is taking a number of steps to protect our employees and ensure we can meet our clients’ needs.

Views on COVID-19 economic and market impact

Equities and COVID-19: Now is not the time to double-down on uncertainty

As the effects of COVID-19 continue to rip through societies and economies, Trevor Green explains why adding uncertainty on top of uncertainty is never a good investment strategy. He outlines three critical, but simple, rules for navigating the current equity market.

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COVID 19: The trade-off between staying safe and getting back to work

An economy in lockdown has significant effects for investors in real assets. In this data illustration, our real assets research team consider the benefit of businesses returning to their usual locations against the risks of doing so.

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Will COVID-19 prove a watershed for ESG?

COVID-19 has thrown new light on the interdependencies in human and natural ecosystems, and the vulnerabilities of a closely networked world. Aviva Investors’ responsible investment specialists ask whether this will prove a turning point for environmental, social and governance issues.

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COVID-19: Do past recessions offer lessons for real estate investors?

Although history offers no magical answers, it can serve as a useful guide in times of extreme uncertainty. Vivienne Bolla and Souad Cherfouh dig into the archives to better understand the effects of recessions on real estate.

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COVID-19: Will credit markets remain open for business?

While concerns around credit market liquidity have been rising since the global financial crisis, the COVID-19 sell-off has highlighted how fragile liquidity can be during periods of real stress. Colin Purdie discusses the short- and long-term implications for investment grade and high yield credit globally.

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COVID-19 and beyond: Three predictions for transport infrastructure

Constant reminders that COVID-19 ‘does not discriminate’ seem in stark contrast to the social and economic consequences playing out in front of us. Some sectors are clearly being hit harder than others – perhaps none more so than transport. Laurence Monnier looks at the long-term implications for the industry and its supporting infrastructure.

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COVID-19: The impact on global equities

As the coronavirus pandemic wreaks havoc on global economies, Giles Parkinson assesses the impact across equity markets and the longer-term implications for investors.

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COVID-19: What will unprecedented policy response mean for economies and markets?

While global policymakers around the world have acted with unprecedented speed and force to the COVID-19 pandemic, their actions are unlikely to prevent the world falling into the deepest recession since World War II.

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Size matters: Will COVID-19 lead to a concentration of corporate power?

The fallout from the coronavirus pandemic could see large firms cement their dominance over weaker rivals. We examine the implications for investors.

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The impact of COVID-19 on global high yield

As an increasing number of companies battle the economic consequences of COVID-19, their ability to service bond payments is coming under intense scrutiny. In this Q&A, Sunita Kara considers whether current high-yield valuations adequately compensate investors for default risk and looks at the broader implications of the pandemic.

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COVID-19 to test the resilience of long income

Real estate long income strategies are known for their defensive qualities. Tim Perry explores how the impact of COVID-19 on the asset class will vary across businesses and sectors.

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Re-enter the dragon: What China’s recovery from COVID-19 means for emerging markets

As China gradually emerges from lockdown, emerging market debt and equity investors are trying to gauge the impact of the coronavirus pandemic on its economy – and the knock-on effects for other emerging markets.

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COVID-19: This time is different?

While the COVID-19 pandemic may be unlike anything financial markets have experienced before, the past still offers valuable lessons for investors trying to make sense of the crisis, explains Euan Munro.

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COVID-19 and a brief history of emerging market debt drawdowns

The scale and speed of COVID-19’s impact on global financial markets has caused emerging market debt returns to decline at a pace not seen since the global financial crisis. However, history suggests the recovery of the asset class may also turn out to be quick.

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COVID-19: When it comes to pandemics, investors should listen to the real experts

In early February, with financial markets oblivious to medical experts’ warnings about the dangers posed by the coronavirus, Ian Pizer of Aviva Investors’ investment strategy team began to look into the medical research to learn more about the potential outcomes and the implications for the global economy and markets. What he discovered raises questions about financial market participants’ ability to react to issues they don’t fully understand.

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Multi-asset allocation views: Embedding diversification in portfolios

The impact of COVID-19 and policy measures taken by global authorities to contain it have erased the tentative signs of economic strength seen at the start of 2020. As the epidemic has advanced, the market response has been brutal. Sunil Krishnan reflects on how portfolio managers diversify multi-asset portfolios, and the extent to which these measures have been effective in the current round of volatility.

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