Business Chief Europe Magazine August 2020 | Page 37

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37 and the investment management industry . However , post-COVID-19 , “ due to nobody ’ s fault , there are a lot of unknowns ,” comments Krishnan , who states that “ since World War II , I would say we have never had a situation like this where it has been very difficult to predict outcomes in terms of where the world is going . We don ’ t know much about this virus relating to when it will disappear or when there will be a vaccine . As a result , from an investment management perspective , it is very difficult to predict business outcomes and the future of companies , as well as the industry . Therefore , some have decided that , to give this guidance after a time of total economic uncertainty , would be wrong due to there being so many variables .”
Ultimately , Krishnan explains that the inputs in the investor management models provide outputs , which would be shared with the entire investment community , fostering good investor relations . However , “ the models are not able to produce the outputs with a high degree of probability . So at best
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