The COVID-19 pandemic has transformed many aspects of our daily lives. As long-term fundamental investors we are focused on distinguishing themes that reflect a momentary advance from those that are fit for the future. Leading companies with a structural advantage will grow due to a cycle of innovation, underscoring the importance of a forward-looking, active approach to equity investing.
Kathryn Koch, Co-Head of Fundamental Equity; Co-Chair, GSAM Sustainability Council
“Digitization has been advanced across sectors: retailers have turned to e-commerce, patient care has pivoted to telemedicine, and restaurants have added online order-and-pay services.”
Steve Barry, Co-Head & CIO of Fundamental Equity
“The pandemic has led us to try and test new technologies that we may otherwise have been hesitant or slow to adopt. The transformative power of genomics has been demonstrated by its contribution to vaccine development.”
Laura Destribats, Co-Portfolio Manager, GSAM Global Millennials Equity Strategy
“All generations have had to tap into their inner Millennial adopting new habits from online shopping to banking. We expect many of these habits will stick even as we come out of lockdowns around the world.”
In the Moment or Fit for the Future?