The ability for investment practitioners to entertain the prospect of outcomes (risk) significantly different to those currently visible is a perennial challenge. To mitigate the multitude of behavioural biases working against the ability to envisage what could go wrong, a scenarios approach to mapping future uncertainty is useful. Scenarios design imposes a discipline on the practitioner to dispassionately consider a comprehensive range of potential futures. It provides a valuable tool for preserving robust decision making during times of high market con...