With rising geopolitical perils, investment opportunities and risks in 2026
Genevieve Cua, Wealth Editor at Business Times, interviews Alexandre Tavazzi, Head of CIO Office and Macro Research at Pictet Wealth Management, on building a resilient portfolio for 2026.
Markets experienced considerable volatility in 2025, yet the year ended on a positive note. By mid-December, the S&P 500 had risen by more than 16%, and the Straits Times Index by approximately 19%.
How will 2026 affect this renewed confidence, particularly given the ongoing enthusiasm for artificial intelligence, a weaker US dollar and persistent fiscal concerns?
Listen to the podcast to learn more about:
- A world that’s no longer US-first
Where growth is gathering speed in places most portfolios still ignore.
- The K-shape begins to close
How Washington’s new playbook could lift America’s left-behind households.
- AI’s trillion-dollar bill
The sector that won 2025 now faces a reckoning in 2026.
- The return of real assets
Why gold, copper and the “unprintable” are back at the top of the list.
About WealthBT Podcast
Learn to protect and grow your wealth in this podcast series for affluent individuals, hosted by The Business Times wealth editor Genevieve Cua and Pictet experts in selected episodes.
Listen to more episodes with Pictet experts
Get in touch with us
Alternatively, you can contact us by filling in the form below.
Form sent successfully
Wealth management insights
Outlook 2026 · 08 Dec 2025
House view | Outlook 2026
Pictet Wealth Management’s positioning across asset classes and investment themes for the year ahead.
Outlook 2026 · 19 Dec 2025
A benign backdrop
As we head into 2026, the policy mix in leading economies is geared to economic expansion. The trade environment, along with monetary and fiscal policy are all conducive to growth.
Outlook 2026 · 19 Dec 2025
Artificial Intelligence: From a gift to a curse?
The K-shaped economy has been characterised by the wealthiest Americans driving consumer spending, bolstered by the surging value of artificial intelligence (AI)-related companies in their stock portfolios. Another feature has been corporate capital expenditure. Despite global uncertainty, companies have been heavily investing in AI. By 2030, AI investments are projected to contribute 1.6% to GDP, up from 1% today.
