July 2026
As advisers and investors look ahead to FY27, understanding the lessons from the past year can be just as valuable as forecasting what comes next.
In this video, Dan Farmer reflects on the market events and investment themes that shaped FY26, including increased geopolitical uncertainty, concentrated market leadership and the risks of recency bias. He also discusses how active asset allocation and diversified portfolio construction can help investors navigate a range of potential outcomes.
Key themes covered:
- Investing in a more complex and less predictable world
- The dangers of concentration and recency bias
- The role of active asset allocation
- Why diversification remains critical in FY27
- Questions advisers can discuss with clients as they prepare for the year ahead
