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Q1 2026 Global Wealth Investment Playbook
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Macro Insights

In Brief: Macro State of Play

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As we digest the latest round of economic data and policy developments, the macro environment continues to evolve in ways that reinforce our core thesis that we’re operating in a Regime Change—one where the traditional investment ‘state of play’ for financial advisors may require adjustment. Perhaps most importantly, our recent travels through Southeast Asia have strengthened our conviction that global investors are missing a significant opportunity as most allocators are meaningfully underweight the region (up to 600 basis points), which supports the strong technical bid we are forecasting for assets in Asia.

The best time to plant a tree was 20 years ago. The second best time is now.
Chinese Proverb
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