Investment Influencers coronavirus crisis Q&A: Morningstar's Dan Kemp

Focus on long-term prospects

UK fund selectors give their unique take on the rapidly evolving global coronavirus crisis from a professional and personal perspective. Today we speak to Dan Kemp, chief investment officer, EMEA at Morningstar Investment Management Europe.

How does the market fallout from the coronavirus pandemic compare with other tough times during your career? Are there lessons you have learnt during your career that can help you now? The recent market turmoil would represent the fourth major crash of my career and while the cause and exact path of each crash is unique, we should keep in mind they are really a normal part of the market cycle and share similar characteristics. The most important of these is their impact on investor behaviour. When faced with a crisis, people tend to narrow their focus and shorten their investment horizon ...