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Don’t take extra risk in US stocks: UBS GWM’s Zuercher

UBS Global Wealth Management is urging investors not to take extra risk in the US equity market, although the bank still advises staying invested given a benign economic environment. “[Previously], if clients bought overseas equities then it was mostly the US,” Adrian Zuercher, head of asset allocation APAC, CIO office at UBS Global Wealth Management, told Asian Private Banker, adding…

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