


At the Barron’s Independent Advisor Summit, Dr. Parag Khanna gave the closing keynote speech on the shifting global order, arguing that neither U.S. dominance nor a new Cold War defines today’s system. He described a “geopolitical marketplace” in which multiple powers compete across key domains, and highlighted “multi-alignment” as the strategy countries use to engage broadly and secure optimal economic and strategic outcomes. He provided investment thematics most likely to yield higher returns in a volatile, multipolar world.