Geopolitical risk is increasingly on the minds of both policymakers and investors. In more and more fragmented emerging markets, however, geopolitics has become a particularly crucial factor to watch. Amundi’s experts explain how they track geopolitical risk and how it can be incorporated into investment decisions, exploring the way geopolitical considerations are increasingly integrated in economic policy, as well as having far-reaching macroeconomic implications in different countries. Given structural geopolitical shifts, heightened tensions and increasing interconnectivity between geopolitics and markets, where should emerging markets investors look for value?