Global Strategy and Investment in a Fragmented Economy

We’re not in a globalized world. We’re in a fragmented one.

For years, global strategy was about scale, arbitrage, and expansion. But 2025 and beyond require something different: navigating a world where borders matter again, supply chains are politicized, and capital flows are more cautious than free.

What does this mean for investment strategy?

Diversification isn’t dead — it’s just different

It’s no longer enough to diversify by geography alone. You now need to think in terms of:

• Regulatory zones (EU ≠ US ≠ China)

• Currency exposure

• Energy dependency

• Digital infrastructure risks

Global means layered. One market might look profitable but be politically brittle. Another might be stable but slow-moving. You can’t just follow GDP anymore.

Investment now requires geopolitical literacy

You don’t need to be a political analyst, but ignoring global tensions is no longer an option. Where you invest — and how — is shaped by:

• Trade restrictions

• Tech bans

• Environmental regulation

• Regional alliances

Capital is strategic again. You’re not just looking at returns. You’re looking at access, friction, and resilience.

Think in ecosystems, not just markets

Many companies fail globally because they think in terms of sales rather than ecosystems. A product may sell well, but if you depend on infrastructure, partners, talent, or financing that isn’t present or trusted in that market — you stall.

The question now is not “Can we enter this market?”
It’s: “Can we operate sustainably within this ecosystem?”

A new era of global strategy is emerging — less about speed and more about precision.
Investment decisions today require clarity, not just capital. In a fragmented economy, those who understand the map — and its fractures — will move smarter.