Iran and US tensions have been mounting for years, but the beginning of 2020 displayed an unusual note of geopolitical noise.
Tensions have risen in recent days after the US killed an Iranian top commander General Soleimani.
A passenger plane carry 239 people from Tehran to Ukraine exploded, with Iran conceding that it was shot down in error by Iranian anti-missile aircraft, defying previous claims that it exploded due to technical failure.
The implications of tensions between the Islamic republic and the US have reverberated across financial markets worldwide, with oil prices jumping up and equity markets suffering blows in recent days.
The crisis threatens the supply of oil from the Strait of Hormuz, where in 2018, an average of 21m barrels flew through the strait per day.
Investors typically tend to ignore geopolitical noise, thinking that any uncertainty is usually short-term.
Should investors stay put, start investing in precious metals as gold or adjust their holdings in global funds?
The report, which can be read by clicking the link in the image above, qualifies for an indicative 30 minutes' worth of CPD.