Richard Bonnor-Moris

The current geopolitical environment seems to be the biggest potential risk to markets, especially with the recently threatened US tariffs on countries not supporting the takeover of Greenland. Corporate earnings still seem to be relatively resilient and investor sentiment remains robust so diversification continues to be the watchword with EM, European Value and US value looking most attractive in the short to medium term. From a sector perspective extended valuations in large-cap tech look precarious but there is definitely opportunity to be found away from the most highly valued companies.

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