This is a sponsored article from Vontobel. The prospect of multiple rate cuts has driven a sharp rally in US Treasuries, but the case for increasing duration in fixed income is not compelling. Key takeaways US Treasury (UST) yields have been volatile in 2025 as markets continually reassess concerns surrounding tariffs, inflation and growth. Amid the price swings, the more […]

The post Rate cuts won’t help long-dated bonds appeared first on Asian Private Banker.

If there’s one asset class private bankers should be watching closely over the next few months, it’s gold, with silver following closely behind, experts at Nomura International Wealth Management and Jupiter Asset Management told Asian Private Banker. The price of gold has already increased by about 40% year to date. As of 17 September 2025, the spot price of gold stands […]

The post A golden opportunity? Up 40% YTD, private bankers should keep an eye on gold, experts say appeared first on Asian Private Banker.

With the odds of Kamala Harris winning the US presidency rising and interest rate cuts likely imminent, UBS believes investors should brace for potential volatility by reviewing portfolio hedges and considering diversified fixed income and equity over cash – but most importantly staying disciplined. Markets are waiting for Federal Reserve Chair Jerome Powell’s address at the Jackson Hole Economic Symposium […]

The post UBS: Three ways to play rising odds of President Harris and rate cuts appeared first on Asian Private Banker.

Any hopes Asian markets had for a quieter, gentler 2024 just got dashed by Moody’s Investors Service. On Nov. 10, the last major credit rating agency to grade Washington AAA signalled a downgrade may be imminent. The risk is rising as the US national debt tops US$33 trillion and political polarisation reaches a fever pitch. And this latest shoe could […]

The post Higher-for-longer may be here to stay, and what that means for client portfolios appeared first on Asian Private Banker.

US Federal Reserve chairman Jerome Powell’s hawkish speech at the Jackson Hole meeting on Friday night once again erased billions in the equity market, with the S&P 500 losing 3% after enjoying a brief market rally. Powell signalled there may be more rate hikes on the horizon. At each of its last two policy meetings, the Fed had raised interest […]

The post Private banks on what to expect after Powell’s speech rattles equity markets appeared first on Asian Private Banker.

A sell-off in US markets that briefly pushed the country’s benchmark stock index into correction territory may not be over, according to a leading private bank investment strategist in the region. During a roller-coaster session on Wall Street on Monday, the S&P 500 briefly plunged into correction territory before bouncing back late in the session to close 0.3% higher. The […]

The post Will the US market sell-off continue? Asia’s private banks have their say appeared first on Asian Private Banker.

The recent sharp acceleration in US inflation is still likely to be considered a “temporary phenomenon”, driven by specific factors such as supply bottlenecks caused by a reopening of the economy, argued Thomas Costerg. The senior US economist at Pictet Wealth Management opined that the US Fed will choose to stay “behind the curve”, and will continue to ignore “high […]

The post Fed to remain dovish on inflation, with QE tapering “months away”: Pictet WM and BoS appeared first on Asian Private Banker.