Geopolitical riskJurisdiction
Geopolitical risk, analyzed
Build resilience into global equity portfolios.
FWI combines disciplined equity management with proprietary analysis of geopolitical, regulatory, supply-chain, and geographic concentration risks.
Risk intelligence Systematic framework
Portfolio viewMulti-factor
Exposure map
See risk beyond the balance sheet.
Revenue exposureConcentration
Supply-chain riskDependency
Research for a more interconnected world
Financial statements reveal what a company owns. We examine where its risks live.
A broader risk lens
See the exposures conventional analysis can miss.
FWI extends traditional company research with a structured view of geography, governance, operating dependency, and concentration.
Geographic revenue exposure
Understand where corporate revenues and economic demand are truly concentrated—not simply where a company is listed.
Supply-chain dependency
Map critical sourcing, production, and operating dependencies that can become material during periods of disruption.
Governance and geopolitical sensitivity
Assess exposure to regulatory change, institutional uncertainty, and shifting cross-border relationships.
Portfolio concentration
Identify hidden overlap across countries, industries, and risk factors inside apparently diversified portfolios.
What we are here to do
Our Mission
FWI is dedicated to the following goals.
The FWEG portfolio
To establish the Free World Efficient Growth (FWEG) portfolio, comprising companies without evident presence or interests in repressive countries such as Russia, China, Iran, and North Korea, while seeking stable growth opportunities for investors.
The FWI scoring system
To provide an FWI scoring system for assessing the country investment risk of companies listed on the Nasdaq-100 and S&P 500.
Public awareness
To promote public awareness of the importance of ethical investment in protecting global freedom and human rights.
A resilient free world
To encourage global companies to shift their focus back toward liberal democracies by highlighting the political and country investment risks of conducting business in repressive countries.
What guides our decisions
Guiding Principles
FWI firmly upholds the following principles.
Transparency
Investors should have the right to know to what extent their investment portfolios—including retirement funds, pension plans, insurance, stocks, and bonds—are allocated to repressive countries.
Freedom of choice
Investors should have the right to choose or avoid the countries and regions where their underlying investments are directed.
Morality
Corporate profits should never be earned at the expense of fundamental values such as freedom and human rights.
Self-reliance
The free world should not rely on repressive regimes for its economic development.
FWEG strategy
Free World Efficient Growth
Risk-aware equity investing without losing sight of growth.
The Free World Efficient Growth (FWEG) U.S. Equity Strategy brings FWI’s geopolitical research together with disciplined fundamental portfolio management. The objective is simple: seek durable participation in equity markets while reducing unintended exposure to elevated jurisdictional and concentration risks.
Explore FWEGFrameworkFWI × disciplined equity management
FWEGResilience
QualityRiskGrowthFWI scoring methodology
From complex risk to a repeatable investment signal.
Our framework is designed to make geopolitical analysis systematic, comparable, and useful inside an investment process.
- 01
Map
Trace material revenue, operating, and supply-chain exposures.
- 02
Score
Apply a consistent, research-led geopolitical risk framework.
- 03
Construct
Integrate risk signals with disciplined equity selection.
- 04
Monitor
Review changing exposures as companies and markets evolve.
Research & insights
Make complexity clearer.
Independent perspectives on the risks reshaping global portfolios.
Research lens
Mitigating geopolitical risk: look through the corporate structure
A company can be listed in one country, sell into another, manufacture in a third, and rely on critical services somewhere else. Effective risk management begins by mapping the whole system.
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Portfolio note
Concentration risk: when diversification hides shared exposures
A portfolio can hold hundreds of securities and still depend on the same handful of companies, technologies, countries, suppliers, or policy outcomes.
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Methodology
Inside FWI research: following risk across the company
FWI combines multilingual evidence with three complementary research lenses to investigate where a company’s geopolitical exposure actually sits.
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About FWI
Research-led. Globally minded. Built for long-term investors.
Free World Investment was created to bring geopolitical and concentration-risk analysis into the heart of equity investing. We translate a changing global landscape into a disciplined framework that investors can understand and apply.
Start a conversation
Explore a more resilient approach to equity investing.
Learn more about FWI’s research or request information about the Free World Efficient Growth (FWEG) strategy.
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