The biggest risk for investors from Covid-19

Don’t fret about people staying at home as the pandemic ends – worry about them taking to the streets, says Cris Sholto Heaton.

Anti-lockdown protest in Italy
Lockdowns in Italy are stoking protests and riots
(Image credit: © Getty Images)

This week’s anti-lockdown protests in Italy and Spain may be an early warning of the long-term risks of the Covid-19 crisis. I remain sceptical about the idea that our behaviour is going to change as much as some analysts think (see right). But the impact on the economic and political environment in which we live – and the consequences for investors – could be far greater.

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Cris Sholto Heaton

Cris Sholto Heaton is an investment analyst and writer who has been contributing to MoneyWeek since 2006 and was managing editor of the magazine between 2016 and 2018. He is especially interested in international investing, believing many investors still focus too much on their home markets and that it pays to take advantage of all the opportunities the world offers. He often writes about Asian equities, international income and global asset allocation.

Cris began his career in financial services consultancy at PwC and Lane Clark & Peacock, before an abrupt change of direction into oil, gas and energy at Petroleum Economist and Platts and subsequently into investment research and writing. In addition to his articles for MoneyWeek, he also works with a number of asset managers, consultancies and financial information providers.

He holds the Chartered Financial Analyst designation and the Investment Management Certificate, as well as degrees in finance and mathematics. He has also studied acting, film-making and photography, and strongly suspects that an awareness of what makes a compelling story is just as important for understanding markets as any amount of qualifications.