Now is not an easy time to be an investor in any asset class. Both inflationary pressures and the continuing impact of the Russo-Ukrainian war are affecting all markets and leading to a much more cautious approach to investing, which is reflected in the way we are choosing to deploy capital from Kartesia’s range of strategies since 2013. However, first and foremost, we would like to once again extend our heartfelt sympathy to the people of Ukraine and hope for a rapid end to the conflict.