Geopolitics is increasingly influencing portfolio decisions. To avoid the risks associated with international conflicts, investors are shifting capital to friendlier jurisdictions, adjusting their allocations and relying on dynamic hedges. Underscoring the importance of recognizing growing geopolitical risks to rethink strategies in a rapidly changing world, with a particular focus on the potential impacts on passive portfolios, an insightful new report sheds light on how investors can embrace this new environment.