Kirstein is in current dialogue with the Nordic investors about their preferences and attitudes.
One very important theme is how the Nordic investors react to the present crisis and what structural changes in their investment behavior we should expect. Will liquidity be more important going forward and/or will investors prefer less volatile but also more illiquid investments? Will the recent rise in interest rates parallel to falling equity prices change the belief that nominal bonds are safe assets in difficult times? Will the planned fiscal measures and further monetary easing induce investors to expect higher inflation and hence lead to an increasing demand for real assets? Will ESG behavior change? And, of course, a lot more.
Kirstein is focusing on these themes in our work and will carry out additional research in order to understand the importance and the effect of the Corona crisis for investment patterns and structures. Our extended findings will be included in our research and will be integrated in our analysis and recommendations.