Top 10 op risks 2020: geopolitical risk

Nationalism, trade wars and epidemics make for a heady cocktail

Surveys of this type are always in danger of being rapidly overtaken by events. In the category of geopolitical risk, that can happen before the ink is even dry.

As February drew to a close, the coronavirus left markets reeling from their worst paper losses since the crisis, with governments scrambling to formulate a cohesive response. When the survey was conducted in early January, the virus drew scarcely a mention from respondents, a handful of whom, based in the Asia-Pacific region, flagged

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