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Key takeaways
Kundeninformation · 22. Mai 2025
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Asset allocationWe maintain an overweight in equities and underweight in bonds amid expectations that the Ukraine conflict won't significantly undermine global growth.
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Equities regions and sectorsWe downgrade European equities to neutral and increase allocation to consumer staples.
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Fixed income and currenciesWe are neutral on US government bonds and cautious on US credit. We see better potential in Chinese debt.
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Asset allocationWe maintain an overweight in equities and underweight in bonds amid expectations that the Ukraine conflict won't significantly undermine global growth.
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Reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequaturEnim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?
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Equities regions and sectorsWe downgrade European equities to neutral and increase allocation to consumer staples.
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