The United States has spoken. President Trump has returned to the White House. But how can we cut through the noise to reveal the investment, economic and geopolitical ramifications?

Magellan’s Head of Global Equities and Portfolio Manager, Arvid Streimann and Magellan's Investment Director Elisa Di Marco explore this change together sharing insights into geopolitical dynamics including U.S.-China relations, Iran and Ukraine, and the risks and opportunities for investors.

---

Disclaimer: This material has been prepared by Magellan, published on 26 November 2025. HM1 is not responsible for the content of linked websites or content prepared by third party. The inclusion of these links and third-party content does not in any way imply any form of endorsement by HM1 of the products or services provided by persons or organisations who are responsible for the linked websites and third-party content. This information is for general information only and does not consider the objectives, financial situation or needs of any person. Before making an investment decision, you should read the relevant disclosure document (if appropriate) and seek professional advice to determine whether the investment and information is suitable for you.