Monitoring the impacts of the COVID-19 pandemic on the investment fund industry
The human impact of the COVID-19 pandemic in terms of public health has no precedents amid the peaceful climate of recent times. The economic impact of this crisis is likely to exert yet-unseen levels of pressure, as actors attempt to tackle shrinking GDP, stagnant market activity and mass unemployment.
Governments and competent authorities of a large majority of jurisdictions have recently taken and continue to take a lot of measures to assist all economic players in mitigating the impacts of the emergency situation, including the management companies. The number of measures taken and to be taken is already huge, and likely to grow further.
The Board of FundGlobam, together with the Executive Committee, have decided to do the best to assist in whichever areas we can. We have therefore decided to launch a specific monitoring, the “C19MM”, for « COVID-19 Market Monitoring », and track this huge volume of measures and regulatory changes within our scope of markets, i.e. more than 80 jurisdictions.
The C19MM reports are made available on a daily basis since Monday, April the 6th. The C19 monitoring is structured on the following basis:
- Priority markets are monitored and reported daily
- Other markets are monitored weekly and each change is reported immediately
Each C19MM includes a summary table showing the date of the last check, the last update and the number of changes in each country section.