"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
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...