The COVID-19 pandemic created a sense of uncertainty and fear across all aspects of life in New Zealand. Along with concerns about health and well-being, many wondered what impact the pandemic would have on the economy and economic policy.
Unpredictable events like this carry significant risk for investors and fund managers alike. There have been several major events in the past two decades that have sent shock waves across the global economy – for example, the 2000-2001 dotcom bubble, the 2007 global financial crisis, Brexit and, more recently, the Russian invasion of Ukraine.
