UBS AM: Five major drivers of investor returns
For many years the ‘lower for longer’ narrative dominated the macroeconomic backdrop. Medium-term macroeconomic trends are still the principal driver to markets. For multi asset investors the big picture backdrop to markets is simultaneously more complex and more opportunity-rich.11.10.2018 | 09:13 Uhr
For multi-asset investors, the global macroeconomic picture is, in our view, simultaneously more complex and more opportunity-rich than it has been in years. Medium-term macroeconomic trends are still the principal market drivers, and the number of themes to assess and value has increased significantly.
In our premiere issue of Asset Allocation Quarterly we identify the five macroeconomic themes that we believe are likely to be the major drivers of investor returns in the coming months, and our preferred trades for accessing each theme across equity, rates and foreign exchange markets globally. A link to the full issue is below.