A year after Covid-19, capital markets are in uncharted waters

WITH the Covid-19 crisis, capital markets have entered uncharted waters. Indeed, the role of finance in society could be materially changing. CFA Institute conducted a survey of its global membership to analyse the effects of the Covid-induced economic crisis on financial markets and the investment industry. The survey was run worldwide from March 8 to 28, 2021. Now we are releasing the survey report: Covid-19, one year later.

This research constitutes the second iteration of our work on the effects of the Covid-19 crisis. The first survey results were released in June 2020, and were based on a worldwide survey conducted from April 14 to 24, 2020.

The 2020 crisis marked an unprecedented event in the history of economic and financial crises. While economic lockdowns were implemented in response to the health emergency, public authorities resorted to a novel approach to bridge the gap for economic actors until the recovery would kick in.