War usually brings about uncertainty, and the natural reaction for some investors can be to sell during these times. History shows that selling at the start of a conflict can be a hazard to long-term wealth.

Looking back on nine of the most significant global geopolitical shocks over the last 30 years, Clay Smolinski, co-chief investment officer and portfolio manager at Platinum Asset Management, says markets tend to regard periods of geopolitical conflict as temporary.