Is this the end of globalisation?

Geopolitical tensions were apparent even before Russia’s invasion of Ukraine, clearly evident in the US-China trade war and exacerbated by prolonged supply chain disruptions due to the pandemic and surrounding policy measures. Some economists have argued that we’re entering – or that we have already entered – an era of multipolarity and global economic fragmentation. Discussing the various pillars of globalisation, Massimiliano Castelli, head of strategy and advice, and Philipp Salman, strategy and advice, global sovereign markets, UBS Asset Management, speak with Taylor Pearce, economist, OMFIF on why the deglobalisation story is more complicated than it seems, with a particular focus on emerging trends in global trade and finance. The views expressed are as of November 2022 and are those of the author and not necessarily the views of UBS Asset Management. This podcast is a marketing communication and the information herein should not be considered investment advice or a recommendation to purchase or sell securities or any particular strategy or fund. Information and opinions have been provided in good faith and are subject to change without notice.