Building Resilience in a Changing Market Landscape

2025 tested many of the assumptions investors have relied on. While headline markets performed well, returns were narrowly concentrated and diversification proved less effective in an environment shaped by policy uncertainty and structural change.

Our focus remains on building resilience alongside opportunity, through disciplined portfolio construction and selective exposure to long-term fundamentals.

Listen to the audio below for our Investment Outlook overview, and you can read the full article on our website for a deeper perspective on the year ahead.