Business Chief Europe Magazine August 2020 | Page 38

THE IMPACT OF COVID-19 IN THE EMEA REGION AND THE FUTURE OF INVESTOR MANAGEMENT IN A POST COVID-19 WORLD
LEADERSHIP & STRATEGY
38

“ While the virus may affect regions differently , there is no doubt that each country and industry will be impacted considerably ”

— Sankar Krishnan , EVP and Industry Head , Banking and Capital Markets , Capgemini you can give a range or a best guesstimate , because investor management is facing global impact that crosses industries , companies , consumers and governments . While the virus may affect regions differently , there is no doubt that each country and industry will be impacted considerably . Unfortunately , a lot of the survivors will depend on having at least an 80 % to 90 % capacity utilisation . This creates problems for the investment management industry , because you are faced with the challenges of not being able to give guidance on any aspect of it , but life must go on . You have to make some assumptions and carry on , and I ’ m sure the public will understand if you ’ ve got some elements wrong . But I think right now we ’ ve got to deal with fighting the virus , I have no doubt that things will get better , however this is the current landscape for the investor management industry .”
THE IMPACT OF COVID-19 IN THE EMEA REGION AND THE FUTURE OF INVESTOR MANAGEMENT IN A POST COVID-19 WORLD
“ First and foremost , uncertainty is driving investor management ’ s re-
AUGUST 2020