As a global equity manager at Capital Group, Jody Jonsson has witnessed the path of globalisation while living and working in Geneva, San Francisco, Los Angeles and London. She’s seen a lot in 30-plus years on the job, but never one quite like 2020.
Jonsson seeks out growth-oriented multinational companies that are benefiting from evolving global trade patterns. That may seem like a daunting task at a time when pandemic-induced lockdowns have brought the global economy to a near standstill.
How are multinationals navigating such a tumultuous economic, market and trade environment? Jonsson shares her view in the following Q&A:
Are you able to find compelling investment opportunities amid the unprecedented trade disruption we’ve seen this year?
Absolutely. The key is to remember that global trade doesn’t just involve physical goods moving from one place to another. Today, cross-border trade increasingly takes place online through digital transactions and services that are, in many cases, not subject to border restrictions and not hindered by transportation challenges. I look for well-managed multinational companies that can benefit from changing patterns in world trade, not simply the growth of world trade.