UBS Wealth Says It’s Time to Bet Big on Emerging Markets Shares
- Latin America, Russia top picks among regions for UBS Wealth
- Emerging markets are in ‘a sweet spot,’ CIO Bolliger Says
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Emerging-market stocks, particularly those in Russia and Latin America, will be the hottest items for equity investors this year. That’s the view of the wealth management arm of UBS Group AG, which oversees more than $4 trillion for its clients.
A reviving global economy helped by vaccine rollouts, reduced uncertainty around U.S. foreign policy, a weaker dollar, stronger commodities and stimulus in major markets should all align behind this theme.