Bloomberg News/Landov Pepper -- the humanoid robot. Fund managers are encouraged by the current product innovation at companiesFears of a eurozone breakup. Concerns over unrest in the Middle East. And an increasingly angry middle class frustrated by the sluggish pace of economic growth. For years the financial markets have been swayed by such geopolitical threats — and the response of central banks to them — but that dance is over now, according to high-profile fund managers. While political risks such as the U.K.’s Brexit and the Trump presidency featured highly in discussions at FundForum last week, many at the Berlin conference noted the market is now largely ignoring such political upsets. Instead, the focus is on the positive tone of updates coming from the corporate world. “It’s bubbling on a micro level. It’s extremely exciting,” said Allan Polack, chief executive at PFA, Denmark’s largest commercial pension fund with over $75 billion in assets under management. “In investing, there are always factors that point in different directions,” he said. “But there is one thing that I’m fundamentally positive about right now, and that’s what’s happening at a micro level. A lot of companies are currently doing really exciting things in terms of product innovation, distribution, [and] optimization of their value chain, and we’re seeing lots of fresh initiatives.”via