Sweden, Institutional
Changechevron_rightSustainable Investing
Stewardship Principles
Investment Solutions
Funds
The views expressed are those of the author at the time of writing. Other teams may hold different views and make different investment decisions. The value of your investment may become worth more or less than at the time of original investment. While any third-party data used is considered reliable, its accuracy is not guaranteed. For professional, institutional, or accredited investors only.
The first Trump administration isn’t a perfect analogy for assessing what kind of US foreign policy we should expect over the next four years. Unlike the first time around, we now have the largest war in Europe in decades, the biggest conflict in the Middle East in decades, increasing military tensions in the Taiwan Strait and South China Sea, as well as a rapidly fracturing global order that pits China/Russia/Iran/North Korea against the US/NATO/Japan/South Korea/Australia blocs. In addition, we are seeing the increasingly negative national security implications of climate change. These shifts in the geopolitical backdrop are structural, long term, and will likely continue regardless of this election result.
US national security policies will matter to this backdrop, and I expect the following in a second Trump administration:
All of this remains supportive of existing long-term national security investment themes, including legacy defense, defense innovation, and in particular, climate adaptation given that there will likely be less momentum toward decarbonization at the federal level over the next four years; this backdrop will also likely accelerate disruption/differentiation across regional, country, industry, company, and asset class levels — again, an ongoing positive for active management.
Expert
Trump 2.0: US election market impacts
Continue readingUnearthing the unseen in geopolitics
Continue readingWhat’s next after Iran’s missile attack on Israel?
Continue readingBy
Bonds in Brief: Making Sense of the Macro — August issue
Continue readingFour investment perspectives amid a pivotal US election
Continue readingMultiple authors
Monthly Market Review — July 2024
Continue readingURL References
Related Insights
Stay up to date with the latest market insights and our point of view.
You've been subscribed
Thank you for subscribing. You can manage your subscription using the links provided in any of our subscription emails.
Trump 2.0: US election market impacts
In the wake of the US election, macro strategists Juhi Dhawan and Michael Medeiros join host Thomas Mucha to discuss the market, policy, and geopolitical implications of Trump 2.0.
Unearthing the unseen in geopolitics
Unearthing the unseen in geopolitics. Watch Geopolitical Strategist Thomas Mucha delve into the investment impact of structural geopolitical shifts and share his latest take on the upcoming US election.
What’s next after Iran’s missile attack on Israel?
Geopolitical Strategist Thomas Mucha shares his analysis of the latest escalation in the Middle East conflict, including his thoughts on a wider regional war and the market implications.
By
Monthly Market Review — August 2024
A monthly update on equity, fixed income, currency, and commodity markets.
Bonds in Brief: Making Sense of the Macro — August issue
What's driving global bond markets and what are the investment implications? Read the August issue of "Bonds in brief" for Wellington Investment Director Marco Giordano's monthly assessment of risks and opportunities within bond markets.
Four investment perspectives amid a pivotal US election
How can investors reposition portfolios for a pivotal but highly unpredictable US elections? Nick Samouilhan explores potential avenues in conversation with three leading portfolio managers.
Multiple authors
Monthly Market Review — July 2024
A monthly update on equity, fixed income, currency, and commodity markets.
Harris vs Trump: The foreign policy and investment implications
Our expert examines expected Harris and Trump foreign policies and their potential impact on the investment landscape.
By
Bonds in Brief: Making Sense of the Macro — July issue
What's driving global bond markets and what are the investment implications? Read July's issue of Bonds in Brief for Wellington Investment Director Marco Giordano's monthly assessment of risks and opportunities within bond markets.
Financial Market Review
A monthly update on equity, fixed income, currency, and commodity markets.
Monthly Market Snapshot — June 2024
A monthly update on equity, fixed income, currency, and commodity markets.
URL References
Related Insights
© Copyright 2024 Wellington Management Europe GmbH. All rights reserved.
WELLINGTON MANAGEMENT FUNDS ® is a registered service mark of Wellington Group Holdings LLP.
Wellington Management Europe GmbH. Registered office: Bockenheimer Landstraße 43-47, 60325 Frankfurt am Main, Germany. T: +49-69-677761-500. VAT-number DE 326304943 (Umsatzsteuer-Identifikationsnummer) Commercial Register of the local court Frankfurt am Main (Handelsregister des Amtsgericht Frankfurt am Main), HRB 115460 .
Wellington Management Europe GmbH, is authorised and regulated by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht)
For professional investors and intermediaries only. This content is not suitable for a retail audience.
we’d love your feedback!
Help us improve our website. For every short survey taken, we give 2 to the Wellington Management UK Foundation to support educational charities helping economically disadvantaged children in EMEA.
Monthly Market Review — August 2024
Continue readingBy
Brett Hinds
Jameson Dunn