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On top of the economic recovery from the pandemic, the supply chain crunch and its impact on input prices, as well as the discussion on the eventual normalisation of the situation post-pandemic, we now face the war in Ukraine and its economic impacts. Ukraine is mounting a stronger than expected resistance and western countries are supporting it with arms supplies and a vast amount of economic sanctions. Meanwhile, Russia’s campaign has been reset by strategic errors, logistic shortcomings and intelligence blunders. Failure to secure a swift win opens a range of possible outcomes.
The war has led to terrible human tragedies and in addition to the conflict’s brutality, the impact on inflation and general economic uncertainty is considerable. In this context, DPAM’s CIOs explain how portfolio managers react to the crisis, their current positioning and the pathway going forward. Read CIO views below.
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