LCP's Jones: Building resilience for future shocks

More collaboration and less isolation needed for progress

The Covid-19 pandemic took investors by surprise. With hindsight, it was a known risk that we were unprepared for. What can we do to protect ourselves from future shocks?

As an industry, we can get better at identifying and monitoring potential sources of future shocks, and use our influence as invest to encourage greater resilience at both micro and macro levels. While none of us have a crystal ball, it is easy to identify themes that could be the cause of future investment shocks - for example, climate change, loss of biodiversity, water scarcity, inequality, unemployment, antimicrobial resistance, artificial intelligence and cyber security. The World Economic Forum's annual Global Risks Report is one good source of ideas (even though the ranking of ...