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Vaccines, central banks and a value revival: What's driving investment decisions in 2021?


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In 2020, there was only one story in town: the coronavirus crisis, and newsflow about the pandemic was the biggest driver of stock markets. With macroeconomic news affecting investments more than ever before, what are the key issues that will shape the experts’ investment decisions this year, and what could it mean for your investment ISA?
The vaccine rollout
The biggest questions on a lot of investors’ minds this year will be how quickly the world can be vaccinated against Covid-19 and when the global economy can reopen for business. A study of 200 professional fund buyers globally by CoreData Research found that 23% said fresh waves of virus cases and lockdowns were their primary concern in 2021. Ritu Vohora, investment specialist for capital markets at T. Rowe Price, says the vaccine rollout will define the year ahead, “especially given the risk of new strains reducing efficacy, and timelines around opening of the global economy”. ....

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