Why FM's chief investment officer calls the market this year 'anti-fragile'

<p>On this episode of <em>Sound Policy</em>, we explore how FM approaches investing in a rapidly changing market environment. From AI and data centers to private credit and inflation, investors are navigating a wide range of opportunities while balancing long-term resilience.</p><p>Host Brian Amaral speaks with <strong>Sanjay Chawla</strong>, chief investment officer at FM, about the forces shaping financial markets in 2026. They discuss why markets have remained resilient amid global uncertainty, how AI is transforming investment opportunities, and what investors are watching as demand for data centers and digital infrastructure continues to grow.</p><p>The episode also explores FM&#39;s long-term investment approach, the role of private markets, and how building an all-weather portfolio helps support the company&#39;s mission and clients.</p><p><strong>More resources: </strong><a href="https://www.fm.com/about-us/our-leadership/sanjay-chawla" target="_blank" rel="ugc noopener noreferrer">FM Investments</a></p><p><a href="https://www.fm.com/about-us/our-leadership/sanjay-chawla" target="_blank" rel="ugc noopener noreferrer">https://www.fm.com/about-us/our-leadership/sanjay-chawla</a></p>