Global Investment Outlook: Markets, Geopolitics, and the New Capital Cycle | Asia Summit 2026

This is a replay of a panel session from the Milken Institute Asia Summit 2026, moderated by Bloomberg's Haslinda Amin, with Nasdaq chair and CEO Adena Friedman, Franklin Templeton CEO Jenny Johnson, Eldridge Capital Management CEO Tony Minella, Danantara Indonesia CIO Pandu Sjahrir and Standard Chartered group CEO Bill Winters. The description frames the discussion around geopolitical fragmentation, higher capital costs, evolving monetary policy and technological innovation, and asks how investors should position portfolios and which forces will define the next global capital cycle. It also notes that governments and investors are directing capital toward strategic sectors including artific

1. The session's framing links market shifts to geopolitical fragmentation, higher capital costs, monetary policy and rapid technological innovation.
2. Strategic sectors named in the description include AI, semiconductors, cybersecurity, critical minerals, energy and digital infrastructure.
3. Panellists were asked how investors should position portfolios for a changing macroeconomic landscape and which sectors might generate long-term returns.
4. The discussion also covers what forces will define the next global capital cycle.