Geopolitical Outlook
This webinar featured Thomas Mucha, Managing Director and Geopolitical Strategist at Wellington Management.
As geopolitical developments continue to shape the global landscape, we know this is top of mind for many of you. This session was designed to provide a clear-eyed view of the key geopolitical dynamics at play today — not through the lens of portfolio positioning, but as a focused conversation on the forces reshaping our world.
The Brave New World of Geopolitics – PPT
00:00 – Welcome and Introductions
01:18 – Thomas Mucha’s Background and the Role of Geopolitics in Investing
04:42 – The Current Geopolitical Landscape and Investment Framework
05:31 – The End of the Post-War Global Order
08:30 – Climate Change as a National Security Risk
10:44 – The Trump Administration and a More Volatile Global Environment
12:02 – U.S.–China Competition and the New Great Power Rivalry
13:47 – Defense Spending, Innovation, and National Security Trends
14:46 – Artificial Intelligence Through the National Security Lens
17:16 – Nuclear Weapons and the Return of Strategic Deterrence
19:29 – Investment Implications: Active Management in a Disrupted World
21:03 – Long-Term Investment Themes: Defense, Climate, and AI
24:33 – Q&A: North Korea, Iran, and Emerging Geopolitical Alliances
28:24 – Q&A: Which Geopolitical Policies Are Here to Stay?
30:46 – Q&A: Investing in Chinese Equities
32:16 – Thank You and Closing
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