How Covid-19 revealed under-appreciated risks
Major asset owners like Canada Pension Plan Investment Board and GIC discuss lessons learned from the pandemic.
![How Covid-19 revealed under-appreciated risks](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2Fshutterstock_1411753763%20-%20trap%20pit%20-%20crop.jpg&c=1&h=677&q=100&v=20241001&w=1204)
“Only when the tide goes out do you discover who’s been swimming naked,” legendary investor Warren Buffett once said.
While few portfolio managers anticipated the sheer speed and force with which the waters receded during Covid-19 – or the swiftness of their return, the impact of the pandemic made clear that potential risks exist that may not have been seriously appreciated before.
The coronavirus crisis sparked a “huge realisation of how risks in a systemic risk event cascade i…
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