Stock market shock from pandemic is ‘serious but temporary’

Investment managers are staying diversified and vigilant as the degree of uncertainty at the moment is unparalleled

Investment managers for the most part believe the pandemic to be a serious but temporary shock. Picture: Getty

In recent days, the activity on stock markets seems to have changed from the panic tumbles on high volumes that occurred in mid-March. Volatility, as measured by the VIX index, has also reduced though it is still at elevated levels, but generally there has been less of the 5-6 per cent moves upwards and downwards on a daily basis.

A general read across what investment managers are thinking also suggests there is a degree of ...