The economic harm to individuals, businesses, and institutional investors mounts daily due to the COVID-19 pandemic. Financial markets have also witnessed a wild ride following the fastest 30 per cent drawdown in the history of equity markets, as well as a virtually unprecedented illiquidity seizure in fixed income markets. This was accompanied by one of the shortest bear markets on record and key indexes reaching new highs. The bfinance Asset Owner Survey was conducted to ascertain what investors have learned from 2020 so far. We received responses from 368 global investors, just over half of which are pension funds, with...