Credit Suisse PB increases equity exposure

27 September 2019 | 2 minutes read

Credit Suisse Private Banking has further increased its equity positions and decreased allocations to fixed income given attractive equity risk premiums, according to the lender’s latest asset allocation. “The yield advantage of equities relative to bonds is indicative of a high equity risk premium,” the bank said. “In the US, the S&P 500 offers an earnings yield of 5.5%, which…

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