I am passionate about thematic research, finding that story and context which brings it all together and tells a story about where we are headed. And I often find it even more interesting why, and how it will affect us. It makes me happy if I can catch your interest, awaken your curiosity, and if not give you all the answers, raise your appetite for knowing more. I have a soft spot for the engineering sector, having covered European and Nordic capital goods companies as an analyst for 20 years.
Nordea's Johan Trocmé talked to Philip Asp, Head of Investment Banking at Nordea, about what could happen if containment efforts to halt the spread of COVID-19 lead to sustained major disruptions in global supply chains. Corporates need to consider the potential impact on liquidity, funding and even recapitalisation needs, as well as potential hostile bids under stretched circumstances.