J. Safra Sarasin has increased equity exposure in its balanced portfolio by 2.5 percentage points, according to its current tactical asset allocation strategy and despite surging volatility in the asset class. Philipp Bärtschi, CIO at the Swiss pure play told Asian Private Banker at a briefing today that the increase was implemented through two major moves. The bank added European […]

The post J. Safra Sarasin adds equity exposure to TAA despite rising volatility appeared first on Asian Private Banker.

As volatility has returned to markets, UBS Wealth Management says the probability of tail risks has increased from less than 10% to 10-20%, and as such the Swiss major says investors should remain invested while employing hedging strategies. After reaching record lows earlier this year, the VIX Index spiked last month to reach 16.4 amid escalating tensions between the US […]

The post UBS WM: With volatility back, clients should remain invested but hedging important appeared first on Asian Private Banker.

While US Treasury yields have compressed towards 2.1%, UBP believes that short duration bonds should not be shunned in favour of long dated alternatives, with the bank retaining its overweight position in high yield US corporate bonds. According to UBP’s chief economist for Asia, Mark McFarland, there are three reasons to be wary of long duration bonds: money manager bullishness […]

The post UBP: High yield US corporate bonds remain attractive appeared first on Asian Private Banker.