{"id":572465,"date":"2020-06-25T04:08:12","date_gmt":"2020-06-25T04:08:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/true-to-their-conservative-nature-cfa-holders-are-banking-on-slower-recovery\/"},"modified":"2020-06-25T04:08:12","modified_gmt":"2020-06-25T04:08:12","slug":"true-to-their-conservative-nature-cfa-holders-are-banking-on-slower-recovery","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/true-to-their-conservative-nature-cfa-holders-are-banking-on-slower-recovery\/","title":{"rendered":"True to their conservative nature, CFA holders are banking on slower recovery"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>True to their conservative nature, CFA holders banking on slower economic<\/strong><strong> recovery: <\/strong>Chartered Financial Analyst (CFA) certificate holders expect the post-covid recovery to either be hockey stick-shaped or U-shaped, according to a report of the survey results by the CFA Institute. As many as 44% of the respondents expect the former scenario, which implies a medium-term rebound, while 35% are pricing in the latter, which is tantamount to a slow-paced comeback. Another 10% still seem to think that a quick and robust V-shaped recovery \u2014 which some expected in the earlier stages of the crisis, but has since been widely seen as unlikely \u2014 could be in the cards.<\/p>\n<p><strong>CFA holders based in the Middle East agree, <\/strong>with 46% expecting a hockey stick, 33% penciling in a \u2018U,\u2019 and 9% banking on a \u2018V.\u2019 Most respondents applauded central bank intervention, but remained split on whether this should continue or if it\u2019s time for the invisible hand to take over.<\/p>\n<p><strong>Long-term impact: <\/strong>Large-scale bankruptcies were shown to be the most concerning long term risk posed by the deterioration of market condition due to the pandemic, with 39% of the survey respondents expecting institutions to run out of money. Over a third (38%) expected companies to be forced to speed up operational automation and increase reliance on outsourcing to save costs and 34% see large-scale consolidations taking place on the longer term.<\/p>\n<p>Also, as many as 33% expect <strong>the long-term to drive a wedge between emerging and developed markets<\/strong> and drive them further apart. One explanation is that liquidity in EMs has most likely dropped as three-quarters of the CFA respondents believe it to have suffered more than in developed countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>True to their conservative nature, CFA holders banking on slower economic recovery: Chartered Financial Analyst (CFA) certificate holders expect the post-covid recovery to either be hockey stick-shaped or U-shaped, according to a report of the survey results by the CFA Institute. As many as 44% of the respondents expect the former scenario, which implies a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":572466,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9272],"tags":[115,72,1510],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-572465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-macro-picture","tag-emerging-markets","tag-enterpriseam","tag-the-macro-picture","wpautop","entry"],"acf":{"mongo_id":"69f55a3b-a36a-46b3-9e52-8c288a91003a","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/6\/274.jpg","photo_position":"above","related_issue":[572452],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>True to their conservative nature, CFA holders are banking on slower recovery - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/true-to-their-conservative-nature-cfa-holders-are-banking-on-slower-recovery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"True to their conservative nature, CFA holders are banking on slower recovery\" \/>\n<meta property=\"og:description\" content=\"True to their conservative nature, CFA holders banking on slower economic recovery: Chartered Financial Analyst (CFA) certificate holders expect the post-covid recovery to either be hockey stick-shaped or U-shaped, according to a report of the survey results by the CFA Institute. As many as 44% of the respondents expect the former scenario, which implies a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/true-to-their-conservative-nature-cfa-holders-are-banking-on-slower-recovery\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-25T04:08:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/274.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/true-to-their-conservative-nature-cfa-holders-are-banking-on-slower-recovery\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/true-to-their-conservative-nature-cfa-holders-are-banking-on-slower-recovery\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"True to their conservative nature, CFA holders are banking on slower recovery\",\"datePublished\":\"2020-06-25T04:08:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/true-to-their-conservative-nature-cfa-holders-are-banking-on-slower-recovery\/\"},\"wordCount\":280,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/true-to-their-conservative-nature-cfa-holders-are-banking-on-slower-recovery\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/6\/274.jpg?fit=%2C&ssl=1\",\"keywords\":[\"emerging markets\",\"EnterpriseAM\",\"THE MACRO PICTURE\"],\"articleSection\":[\"THE MACRO PICTURE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/true-to-their-conservative-nature-cfa-holders-are-banking-on-slower-recovery\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/true-to-their-conservative-nature-cfa-holders-are-banking-on-slower-recovery\/\",\"name\":\"True to their conservative nature, CFA holders are banking on slower recovery - 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