Andrew Milligan, Head of Global Strategy, Aberdeen Standard Investments
'Covid-19 financial crisis is a rare black swan'
On the 03.27.20 at 5:53PM
Terming the Covid-19 as a 'black swan', Andrew Milligan, Head of Global Strategy, Aberdeen Standard Investments draws a parallel between earlier financial crises and the hidden opportunities amidst the turmoil.
A black swan event is an unpredictable one, characterised by their extreme rarity. Using that definition, a pandemic is very unusual, as the last global one was back in 1918-1919.