UOB Asset Management: Market Outlook Cautiously Positive on Global Growth
1 report, 1 independent
Updated Fri 00:00
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What happened
UOB Asset Management stated it does not anticipate an aggressive rate hiking cycle or continued surges in bond yields. The firm remains positive on equities, preferring opportunities in the US and Asia. Anthony Raza, Head of UOBAM Multi-Asset Strategy, noted that global corporate earnings growth has been strong despite economic headwinds.
From manilatimes.net
Why it matters
The outlook suggests that while late-cycle economic signals warrant monitoring, a growth-oriented investment strategy remains viable. UOB Asset Management highlighted that Asia offers attractive long-term fundamentals, supported by strong economic growth and leadership in sectors like semiconductors and electric vehicles.
From manilatimes.net