Coronavirus Market Impact
The Coronavirus is currently impacting investment markets. To stay fully informed regarding how Statewide Super are managing current events for our members, please stay tuned to this page for commentary from our investment team.
Last updated 18 May 2020
With markets starting to recover from the COVID-19 impacts felt earlier this year, Statewide Super’s Chief Investment Officer, Con Michalakis, foresees a continued staged return, both locally and globally. Watch this video for his brief update on the Fund’s current position.
- The investment markets are seeing happier times with the economy slowly opening up and life resuming some sort of normality
- It remains uncertain what sort of recovery the markets will follow, however, it is likely the recovery will be staged, both locally and globally
- Super is a long-term investment and it is good to stick to your long-term investment strategy