Defence spending has hit the headlines in recent months, particularly following the surprise election victory of US President Donald Trump.
Still important to hold government bonds
More risks in UK than Europe
Second of five interviews in a new series with RLAM's head of multi-asset
US dollar stands to suffer in next market wobble
'Increasing polarisation of societies'
Julius Pursaill, who provides independent governance over assets of around £150bn, argues for the regular testing of investment assumptions.