‘The fundamentals of investing remain the same,’ Aastha Gurbax, JP Morgan Private Bank’s senior managing director, assures us. Geopolitical risk is ‘a fleeting source of volatility’ for her clients, many of whom own long-term portfolios. However, investors are becoming more nuanced. Gurbax says clients were increasingly aware of the trends in 2018 and came suitably prepared. She looks after a versatile client base of ‘new money creators’, TMT (technology, media and telecoms) players, as well as large UK family offices. Managing their high expectations is part and parcel of the adviser’s role. ‘They look for agility, flexibility, dynamism and a can-do attitude when it comes to wealth management,’ she says.