What aspect does not influence strategic asset allocation?

Strategic asset allocation is primarily focused on long-term investment goals, tailored to an individual investor's situation. The correct response highlights that future geopolitical events do not fundamentally shape the long-term investment strategy, as these events are often unpredictable and may lead to short-term market volatility rather than a shift in an investor's enduring strategy.

The other options play a significant role in determining strategic asset allocation. An individual investor’s risk tolerance is crucial, as it influences how much risk the investor is willing to accept in their overall portfolio strategy. Current market interest rates affect the expected returns on various asset classes, thus guiding investment decisions. Unique personal circumstances, such as an investor's time horizon, liquidity needs, and specific financial goals, are also integral to crafting a strategy that meets their long-term objectives. These factors together help in establishing a balanced portfolio that is aligned with the investor's risk-return profile and financial aspirations.