TechBloomberg Tech52m ago
UBS Likes Health, EM Bonds, Commodities in Broader Play
TL;DRUBS recommends diversifying into healthcare, emerging markets, and commodities.
Why it matters: Major bank guidance signals where institutional money may flow next quarter.
Mark Haefele, chief investment officer of global wealth management at UBS, says investors need to be "humble" about the need to diversify portfolios. Speaking on Bloomberg Television, Haefele lists health-care stocks, emerging-market bonds, and commodities, including gold, as…
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