The US dollar concentration risk

Resilience underlined

Discipline over disposition

The EM anomaly

Non-US innovation

Geographic diversification

The US-centric portfolio is out. The multipolar world is in. But how do you navigate the shift? What are actionable diversification strategies, from overlooked European value to high-grade Emerging Market (EM) debt and non-US innovation hubs? Barclays Private Bank’s Ken Sze dissects the compelling behavioural, geopolitical, and valuation drivers pushing sophisticated investors "beyond USD."

Synopsis: The Business Times Podcast Channel presents diverse perspectives, in-depth analysis and news covering career, business, markets, investing, current affairs and tech.

This episode is produced in collaboration with Barclays Private Bank.

Highlights:

01:21 The US dollar concentration risk

03:25 Resilience underlined; navigating the multipolar landscape

05:10 Discipline over disposition; overcoming emotional bias

09:00 The EM anomaly: finding strong yield and high-grade quality 

12:17 Non-US innovation

15:03 Geographic diversification is the critical first step

More about:

Outlook 2026

AI Outlook 2026

How to stay afloat when the US dollar dives

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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

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Written and hosted by: Howie Lim (howielim@sph.com.sg)

With Ken Sze, head of investments, Asia, Barclays Private Bank

Edited by: Howie Lim & Claressa Monteiro

Produced by: Howie Lim & Chai Pei Chieh

Executive producer: Claressa Monteiro

A podcast by BT Podcasts, The Business Times, SPH Media

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Follow BT Podcasts:

Channel: bt.sg/pcOM

Apple Podcasts: bt.sg/pcAP

Spotify: bt.sg/pcSP

YouTube Music: bt.sg/giK9

Website: bt.sg/podcasts

Feedback to: btpodcasts@sph.com.sg

Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. 

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Discover more BT podcast series:

BT Money Hacks at: bt.sg/btmoneyhacks

BT Correspondents at: bt.sg/btcobt

BT Market Focus at: bt.sg/btmktfocus

BT Lens On: bt.sg/btlenson

The US-centric portfolio is out. The multipolar world is in. But how do you navigate the shift? What are actionable diversification strategies, from overlooked European value to high-grade Emerging Market (EM) debt and non-US innovation hubs? Barclays Private Bank&rsquo;s Ken Sze dissects the compelling behavioural, geopolitical, and valuation drivers pushing sophisticated investors "beyond USD."
Synopsis: The Business Times Podcast Channel presents diverse perspectives, in-depth analysis and news covering career, business, markets, investing, current affairs and tech.
This episode is produced in collaboration with Barclays Private Bank.
Highlights:
01:21 The US dollar concentration risk
03:25 Resilience underlined; navigating the multipolar landscape
05:10 Discipline over disposition; overcoming emotional bias
09:00 The EM anomaly: finding strong yield and high-grade quality&nbsp;
12:17 Non-US innovation
15:03 Geographic diversification is the critical first step
More about:
<a href="https://privatebank.barclays.com/insights/outlook-2026-11-2025/">Outlook 2026</a>
<a href="https://privatebank.barclays.com/insights/ai-outlook-2026-11-2025/">AI Outlook 2026</a>
<a href="https://privatebank.barclays.com/insights/market-perspectives-september-09-2025/how-to-stay-afloat-when-the-us-dollar-dives/">How to stay afloat when the US dollar dives</a>
---
Send us your questions, thoughts, story ideas, and feedback to <a href="mailto:btpodcasts@sph.com.sg">btpodcasts@sph.com.sg</a>.
---
Written and hosted by: Howie Lim (<a href="mailto:howielim@sph.com.sg">howielim@sph.com.sg</a>)
With Ken Sze, head of investments, Asia, Barclays Private Bank
Edited by: Howie Lim &amp; Claressa Monteiro
Produced by: Howie Lim &amp; Chai Pei Chieh
Executive producer: Claressa Monteiro
A podcast by BT Podcasts, The Business Times, SPH Media
---
Follow BT Podcasts:
Channel: <a href="https://bt.sg/pcOM">bt.sg/pcOM</a>
Apple Podcasts: <a href="https://bt.sg/pcAP">bt.sg/pcAP</a>
Spotify: <a href="https://bt.sg/pcSP">bt.sg/pcSP</a>
YouTube Music: <a href="https://bt.sg/giK9" data-saferedirecturl="https://www.google.com/url?q=https://bt.sg/giK9&amp;source=gmail&amp;ust=1757992386890000&amp;usg=AOvVaw0bIf09Xh5-r8oKBeoEHCxe">bt.sg/giK9</a>
Website: <a href="https://www.businesstimes.com.sg/podcasts">bt.sg/podcasts</a>
Feedback to: btpodcasts@sph.com.sg
Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party&rsquo;s products and services. Please consult professional advisors for independent advice.&nbsp;
---
Discover more BT podcast series:
BT Money Hacks at: <a href="https://bt.sg/btmoneyhacks">bt.sg/btmoneyhacks</a>
BT Correspondents at: <a href="https://bt.sg/btcobt" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/btcobt&amp;source=gmail&amp;ust=1725767545308000&amp;usg=AOvVaw1MZyDZ2ZxkzhbmmY3UOc3Z">bt.sg/btcobt</a>
BT Market Focus at: <a href="https://bt.sg/btmktfocus">bt.sg/btmktfocus</a>
BT Lens On: <a href="https://bt.sg/btlenson">bt.sg/btlenson</a>

The Business Times Podcast Channel presents diverse perspectives, in-depth analysis and news covering career, business, markets, investing, current affairs and tech.

Powered by the Journalism of The Business Times and Tech in Asia.

Available on all your favourite audio and video content apps and at www.businesstimes.com.sg/podcasts

Produced by BT Audio, thrive and Tech in Asia. The Business Times, SPH Media.

The Business Times Podcast Channel presents diverse perspectives, in-depth analysis and news covering career, business, markets, investing, current affairs and tech.
Powered by the Journalism of&nbsp;The Business Times and Tech in Asia.
Available on all your favourite audio and video content apps and at www.businesstimes.com.sg/podcasts
Produced by BT Audio, thrive and Tech in Asia. The Business Times, SPH Media.