December 21, 2020
The coronavirus pandemic has changed the world we live in and the markets exchange traded fund investors should be looking into.
“The COVID-19 pandemic has accelerated profound shifts in how economies and societies operate. These transformations run across four dimensions: sustainability, inequality, geopolitics and the joint fiscal-monetary policy revolution,” according to the BlackRock Investment Institute (BII).
“Three of BII’s new investment themes The new nominal, Globalization rewired and Turbocharged transformations reflect these shifts. Taken together, they call for a fundamental and immediate rethink of portfolio allocations.”
BlackRock argued that the pandemic has added fuel to pre-existing structural trends like the increased focus on sustainability, rising inequality within and across nations, and the dominance of e-commerce at the expense of traditional retail.