Artificial Intelligence is disrupting industries and creating winners, losers, and perceived losers. Long-term value is created by owning resilient businesses rather than chasing momentum.

AI has kickstarted a fourth industrial revolution that will fundamentally change the way we work and live once more. Simultaneously, US President Trump is weaponising national economic policy and the US-China race for supremacy in AI and control of rare earths is adding further fuel to their titanic geopolitical struggle, reshaping the global geopolitical, economic and trade order. In short, immense societal and economic upheaval is upending the outlook for investment markets. It's a whole new world (again)! Markets Summit 2026 (Wed 25 Feb) will help you better understand the key drivers of and outlook for the markets and help you build better quality investor portfolios.

Each year, Portfolio Construction Forum Markets Summit kicks off with a video retrospective of the prior year, reflecting on the biggest geopolitical, economic, market, environmental, sporting, and human interest stories of the prior year...

Markets are not capitulating. They are re-calibrating. Yet beneath that surface stability, assumptions are being quietly rewritten. We are operating in a whole new world (again)!. Not because growth has collapsed. But because capital is being redeployed under a different set of structural constraints.

Markets are not breaking. They are repricing assumptions. What stands out most right now is not recession panic, nor speculative euphoria - but transition. The more useful question is not “Are we heading into a downturn?” It is: “What regime are we moving toward - and which portfolio assumptions quietly depend on the old one?”

What defines the current environment is not fear, but discrimination. Markets are no longer rewarding participation by default. That shift from belief to verification may be the most important signal of all.

Whether markets' faith turns out to be well founded depends significantly on how Warsh handles rising bond-market risk. While reining in the Fed's balance sheet is a worthy long-run monetary-policy goal, now is not the time.

Despite the US economy's strong performance in 2025 which is likely to continue in 2026, it is hard to escape the conclusion that, over the medium term, Trump's decisions over the past year will expose the US to massive risks.

What's new with our live and on-demand continuing education, accreditation and certification programs.

What's new with our live and on-demand continuing education, accreditation and certification programs.

What's new with our live and on-demand continuing education, accreditation and certification programs.

This has been a bumpy year for the US economy. The big question now is what 2026 will bring. Even if important downside risks remain, one can be cautiously optimistic heading into the new year.

What's new with our live and on-demand continuing education, accreditation and certification programs.

These tutorials relate to the IMAC 2025 lectures and are available to CIMA candidates enrolled in the CIMA Certification Asia Pacific Program 2025.

While President Donald Trump's attack on the US Federal Reserve Board and on a sitting governor, Lisa Cook, has elicited expressions of high alarm from economists and commentators, investors have responded with one big yawn.

Less than 5% of individual portfolios are allocated to alternative investments. Yet, private markets have outperformed their public counterparts over the long term.

In the long history of US central banking, Federal Reserve Chair Jerome Powell stands out as a hero. His disciplined performance at this year's Jackson Hole gathering was an extraordinary, Volcker-like act of political courage.

Our diverse panel of portfolio construction practitioners discusses which of the high conviction propositions they heard during Strategies Summit 2025 it is time to make a move on, to design resilient portfolios in practice.