TEAM plc CIO Flags 20% Plus Returns, AI Capex Doubts and Looming Inflation Shock

Markets shrugged off political theatre and macro uncertainty to finish 2025 at record highs — but Craig Farley says the real story sits beneath the surface. In this conversation, the TEAM plc (LON:TEAM) Chief Investment Officer explains how a barbell equity approach, zero exposure to long-dated government debt, and a decisive allocation to precious metals powered 20 percent plus sterling returns. He also outlines why AI capex maths may not stack up, why Trump’s revived Monroe-style doctrine changes the geopolitical playbook, and how a second inflation wave could emerge just as investors grow complacent.

TEAM plc (LON:TEAM) is an international wealth, asset management and financial services group offering multi-asset investment solutions designed to grow and preserve client capital over the long term.