Chris Lees: Why Ukraine tragedy is a geopolitical and financial inflection point | Pendal Group
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Chris Lees: Why Ukraine tragedy is a geopolitical and financial inflection point

It’s now clear the humanitarian tragedy in Ukraine is a major inflection point in history. Pendal Global Select Fund co-manager CHRIS LEES explains what that means in this fast podcast

You can also listen to this podcast on Apple or Spotify

An excerpt from this podcast

“Number one, obviously [Russia’s invasion of Ukraine] it’s a tragic humanitarian disaster,” says Chris.

“Because it’s such a geopolitical inflection point, this is also a genuine financial market regime shift.

“We’re seeing things like the rotation from growth to value seems to have stopped since the Ukraine invasion.

“Now there’s a rotation from value to defensive, low beta, quality, growth stocks for example. Those are the type of medium-to-long term things that we think people should be looking for.”

Chris explains more in this 8-minute podcast


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About Chris Lees and Nudgem Richyal

Chris Lees co-manages Pendal Global Select Fund with Nudgem Richyal. The pair have been working together in global equities investing for more than 20 years.

Chris has more than 32 years of investment industry experience. He joined Pendal Group’s UK-based asset manager J O Hambro Capital Management (JOHCM) in 2008 after spending 19 years at Baring Asset Management, ultimately as head of its global sector team.


About Pendal Global Select Fund

Pendal Global Select Fund is a global equities portfolio with a distinctive, yet proven approach and a 17-year track record of outperformance. Since its inception, the underlying strategy (JOHCM Global Select Fund) has delivered top-decile performance in Lipper and 2nd decile in Morningstar.*


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