<2> Global Equity Funds Post First Outflow in Eight Weeks on Middle East Conflict

<3> Market Volatility and Geopolitical Tensions

The global equity market has experienced a significant shift in investor sentiment, with the first outflow in eight weeks recorded in global equity funds. This development is largely attributed to the escalating tensions in the Middle East, which have created a sense of uncertainty and risk aversion among investors.

Impact of Middle East Conflict on Global Markets

The conflict in the Middle East has had a profound impact on global markets, with investors reassessing their risk appetite and rebalancing their portfolios. The region’s strategic importance, coupled with its significant oil reserves, has made it a focal point for global investors.

<4> Bloomberg: < href='https://bloomberg.com/news/articles/2023-02-22/global-equity-funds-post-first-outflow-in-eight-weeks-on-middle-east-conflict' target='_blank'>Global Equity Funds Post First Outflow in Eight Weeks on Middle East Conflict

The Middle East conflict has also led to a surge in oil prices, which has further exacerbated the situation. The increased cost of crude oil has resulted in higher production costs for companies, potentially impacting their profitability and

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