Darius McDermott gives an overview of investment in defence in his latest article for Professional Adviser
The war in Iran has been an uncomfortable reminder that global investors are operating in a new era of geopolitical fragility. This has been characterised as the ‘Great Fragmentation', the end of a more centralised global system led by the US and the beginning of a more complex, contested, multi-polar world. Governments can no longer rely on old alliances to keep them safe. This is leading to a ballooning of defence spending. Data from the European Union shows member states increasing defence spending by 11% in 2025 over 2024, a rise of around $38bn. In the US, Donald Trump is c...
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