Two years of Covid: Investors learn humility and adapt to an uncertain future
In March 2020, the stock market crashed 26% but recovered spectacularly by the end of the year, leading funds like GIC and BlackRock to rethink their investment strategies.
Two years after the stock market crash that occurred in reaction to the start of the Covid-19 pandemic, institutional investors have readjusted their approach to investments as they prepare for more uncertainty.
Panic selling on March 9, 12, 16 and 23, 2020 led to a cumulative 26% drop in the Dow Jones Industrial Average.
After the crash, however, stock prices rose as companies adjusted to lockdowns and work-from-home arrangements, leading 2020 to end with the Morningstar US Mar…
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