March 12, 2020
Nick Griffin, CIO Munro Partners, writes for Livewire Markets about COVID-19 and discusses a trend the team has identified and what it might mean for investors.
As growth equity investors, our day job usually involves tracking down great companies that can win in areas of strong structural change. However, as absolute return investors, occasionally something comes along that forces us to take our head out of the company P&Ls to try and understand the risks associated with a large exogenous event. COVID-19 is clearly such an event.
Munro Partners has been tracking the Coronavirus daily since China confirmed the outbreak on January 20 in Wuhan Province. As an absolute return manager, we analyse the data and patterns to provide insight in terms of timing and ways to protect against the financial downside for our clients.
And we have noted a pattern.
To read the article, click here.