Three investment themes advisers should be watching

Just over six months into 2026, the macroeconomic backdrop remains as complicated as it has been in years. Trade policy, geopolitical crises close to eastern Europe and in the Middle East, and a US administration still reshaping international relations continue to inject uncertainty into markets. Yet despite this, economic activity has proved broadly resilient, and periods of change of this kind have historically created opportunities for investors willing to look beyond the obvious. For advisers building or reviewing multi-asset portfolios for clients, three themes stand out as pa...