Focus on durable themes: sustainable energy and energy resilience, amplified by AI power demand and the war. This includes production, infrastructure, storage, and efficiency.
Not just about Iran, was already happening due to AI.
Asks if Japan maintains momentum despite energy threat.
Haidi
Helen Jewell
Japan's story remains interesting with corporate reforms and strong double-digit earnings. Global risks exist, but Japan has more positives than others.
Rates are a global concern, but Japan has headroom before earnings soften significantly.
Asks what other sectors/geographies are compelling.
Haidi
Helen Jewell
Gold equities look interesting after tough start, with strong yields and cash flows. AI remains compelling; valuation pullbacks in well-exposed chip companies are a sweet spot.