Market Moves
3Q Earnings Could Be Less Bad Than Expected
Corporate profits should lose just (just?) 17%, UBS says, better than previous forecasts.
Tag: UBS
Market Moves
Good Vaccine News Has Immediate Impact on the Stock Market
A quarter of the S&P 500’s rise since May is linked to positive developments on a virus inoculation, UBS says.
Manager Selection
Maryland State Pension Receives $405,000 in LIBOR Restitution from UBS
The payout settles charges that the Swiss bank manipulated interest rate benchmark during the 2008 financial crisis.
Asset Allocation
The Dollar Will Keep Falling, UBS Predicts
Falling rates, political tensions, and less virus fear are the reasons, the Swiss bank’s CIO says.
News
Chinese Family Offices Return 11% in 2019
Private equity is the top performer, while fixed income is the largest allocation.
If the Rich Think a Recession Is Coming …
UBS survey of family offices says a majority foresee an economic slump in 2020.
Corporate Moves
Karianne Bail-Lancee Leaving Unilever for UBS
The firm’s former senior pensions and sustainability manager looks forward to the chance to enhance her “'personal impact' toward sustainable development."
Market Moves
China’s Fund Industry Forecast to Quintuple by 2025
UBS said it expects Chinese mutual fund assets to reach nearly $7.5 trillion.
UBS: Equities Still Attractive, but Won’t be as Strong in 2018
Europe seeing recovery, while China presents risk, opportunity.
Amazon’s Whole Foods Purchase Sends Worldwide Retail Stock Shock
Acquisition shows value of brink-and-mortar establishments for food purchases, UBS says.