The recent Duff & Phelps funds survey “Impact of COVID-19 on Investment Valuations”, conducted between April 3 and April 16, was quoted in Reuters.
As outlined in the article, the survey reflects that the majority of respondents (65%) expect COVID-19 to cause GDP growth in their key markets to shrink by 3% or more this year.
The article states that the COVID-19 pandemic “has had a paralyzing effect on nearly all sectors with very few market participants unscathed. This poses a significant conundrum for the investment community in terms of how to navigate the crisis, protect investors and even identify opportunities.”
To read the entire article on Reuters please click here.