The opening quarter of 2026 has reinforced the value of our principles-led approach at F&A - we remained committed to the quieter path of discipline, diversification, and unwavering focus on each client’s long-term plan. The result has been strategies that continue to perform precisely as they were designed to: resilient, purposeful, and aligned with real-life goals rather than latest headlines.

Geopolitical shocks often produce more noise than lasting damage and attempting to predict short-term headlines is rarely a reliable investment strategy. Over the long run, the bigger risk is often not the headline itself, but reactive decisions that interrupt compounding. A diversified portfolio is built to withstand moments like this, and the evidence consistently favours discipline over drama. 

I’m sure you’ve seen the weekend’s developments in the Middle East and the subsequent market reaction. Events of this nature naturally create concern and can prompt questions about what it means for your investments. We’d like to share a measured perspective on the situation and reaffirm the principles guiding our approach.