The role of a chief investment officer primarily involves understanding, managing, and monitoring a firm’s portfolio of assets and setting the investment strategies for growth, among others.
During the global pandemic, the biggest such event since the Great Depression, which hit the global economy and public markets hard, Adriaan Pask, PSG Wealth’s CIO, stuck to diversification as one of the key investment strategies to weather the storms and continued to recommend the use of multi-asset portfolios to withstand the volatile market climate.
“People talk about diversification so often that it is almost taken as a cliche´ of a topic,” says Pask, but in the current environment, “it is super important, because what we expect to see is a lot more volatility.”Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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Source: BusinessTechSA - 🏆 24. / 61 Read more »