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Possible central bank mistake a worry, says UBP
Its overweight stance on equities reflects optimism about economic growth
"Today everything is fairly priced - equities, fixed income, credit. Now, the question is if the economy will deliver what people expect, and if there is room for further appreciation of equities . . . We're constructive and believe growth will be there." - Nicolas Faller, co-chief executive of asset management at Union Bancaire Privee
Singapore
THE biggest risk that remains underpriced in markets today is the probability of a central bank mistake, rather than political risk, says Nicolas Faller, co-chief executive of asset management at Union Bancaire Privee (UBP).
Still, the firm is overweight equities, rightly
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