Panagiotis Koutroumpis's article published in Asset Servicing Times

The article examines how geopolitical risk has moved from being a background concern to becoming a central factor in private market investment decisions. It shows how war, sanctions, industrial policy, supply-chain realignment, and energy security are reshaping where private capital is allocated, with investors increasingly favouring politically aligned, stable, and strategically important markets and sectors.

It is important because it highlights a major structural shift in private markets: capital is no longer flowing solely on the basis of returns and diversification, but increasingly along geopolitical and strategic lines. The article also discusses the implications for asset servicers, fund managers, and global investment strategy.