Welcome to the second edition of The Edge for 2026.

The US and Iran conflict continues to dominate global headlines, bringing with it a renewed sense of uncertainty around global supply chains and markets. While these periods can feel unsettling, they are not without precedent. History shows that markets adapt, volatility passes, and long-term economic fundamentals continue to matter most.

Our feature article this edition explores geopolitical risk in Investing in a world gone crazy. It’s a timely and thought-provoking read and I hope it sparks valuable conversations between you, your adviser, and friends and family.

As financial advisers our role isn’t to predict wars or political outcome but to help you build resilient portfolios and make considered decisions that guide you through periods of volatility. That’s why sound advice matters more than ever. The article explores how diversification, a clear time horizon, and trusted advice remain your real edge in an uncertain world.

Looking ahead, it will be interesting to see how the Government and Treasurer respond to ongoing cost-of-living pressures in the Federal Budget on the evening of May 12. We look forward to sharing our analysis of the key measures and what they mean for you and your family the following morning.

As always, our Research team provides their latest market update, offering commentary and performance across major asset classes over the most recent quarter.

I hope you enjoy this edition of The Edge. As always, if you have any feedback regarding our service or advice, please don’t hesitate to get in touch at ceo@sfg.com.au.