Reevaluating Investment Strategies in a Changing Economic Landscape

Amid concerns of potential inflation, Anna Marshall, CIO of the William and Flora Hewlett Foundation, emphasizes the need to reassess investment strategies and unlearn the investing rules of the past decade. She highlights the importance of considering the era of normalized economy with inflation and higher interest rates and suggests focusing on cash flow, adjusting valuations, and demanding illiquidity premium. Marshall discusses the challenges of integrating ESG factors into investment decision-making and the need for companies to adapt to changing ESG metrics and reporting requirements. She also expresses concerns about the need to navigate FX and geopolitical risks, and emphasizes the significance of understanding inflation accounting and effective risk management in the coming years.