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UOBAM 'neutral' on four asset classes in Q3

It is not bearish on global economy but says a more cautious investment approach is necessary given increased uncertainties

Published Mon, Jul 6, 2015 · 09:50 PM
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Singapore

UOB ASSET Management has a "neutral" position on all four major asset classes for the third quarter: equities, fixed income, commodities, and cash.

It said in a report on Monday: "While we are not bearish on the global macro environment, we view the increase in uncertainties warrants a more cautious investment approach in the coming quarter."

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