Leng Ohlsson

Dec 3, 2024 | top1000funds.com | Leng Ohlsson |Sarah Rundell |Darcy Song |Jack SMith |Jack Smith

Global defence spending has jumped 18 per cent this year and is on track to reach as high as $3 trillion per annum by 2030, as the globe grapples with the largest number of active conflicts since World War II and a record number of forcibly displaced people. Governments are preparing for a decades-long battle for power that will impact trade, economic policy, and military and defence strategy, according to Simon Henry, managing director and portfolio manager at Wellington Management.