Citibank udstikker et par hovedlinjer i sin anbefaling til investorer under coronakrisen. Der er værdier at hente i sundhedssektoren og i asiatiske aktier. Men også “capital markets structures”, som det udtrykkes, der evner at udnytte volatiliteten, har et potentiale. Citi peger også på fire vigtige ricisi. En af dem er, om regeringerne vil leve op til løfter om finanspolitiske hjælpepakker.
Uddrag fra Citibank:
Citi’s view on the financial markets and asset allocation
- During this period of uncertainty, It is crucial to maintain an investment philosophy that includes maintaining a well-balanced diversified portfolio and avoid the temptation to rapidly change allocations. Value exists in areas including the health care sector, Asian equities and capital markets structures that take advantage of elevated volatility at this time. Citi analysts also think that new portfolios can be properly established by having a disciplined plan to invest over time.
While Citi analysts are confident in an eventual recovery, there are four major risks to our outlook and near-term market performance. These are:
- When the economy will turn back on and the speed with which it will do so;
- Global macro risks including supply chain disruptions and a lack of international cooperation;
- Implementation of policy: Can governments deliver the benefits they promise in a timely fashion?
- Unavoidable credit impacts that could include defaults, credit downgrades, bankruptcies or business closures.
