Rethinking retirement and socioeconomic investment
most people with retirement plans will have received that e-mail from their investment manager; the one that chimed jauntily in your inbox, but ought to have landed to the sound of an anguished cry.
That’s because there’s a crater where your retirement savings used to be, courtesy of Covid-19. There were fault lines in the world economy even before the virus, but for now, with recessions expected in all but India and China, the prognosis for the global economy is on a spectrum of poor to dire.
“First of all, I think Covid-19 is going to leave all of us with a scar,” says Derrick Msibi, CEO of STANLIB, in an interview with . “I would be very surprised if it’s not seen as an important or defining fact in
