Notícias

Our expert gives its take on prospects for key hedge fund investment strategies in the coming months.

UBP gives Allnews its latest economic and investment outlook for 2024, with Norman Villamin (N.V.), Group Chief Strategist, and Eleanor Taylor Jolidon (E.T.J.), Co-Head Swiss & Global Equity Franchise and Senior Portfolio Manager.

Coming into 2024, here at UBP we hold a constructive view on the JPY. We anticipate that it will continue to appreciate over the course of the year, and we envisage a USD/JPY downward move to levels of around 135 by year-end, with risk skewed to the downside of this level. This represents a decline of at least 6% from current levels. Our generally constructive stance on JPY exchange rates reflects several factors.

Zawya (20.01.2024) - 2024 will be a strong year for gold. Our expectation of ongoing price increases for the yellow metal is driven by several factors, namely the global decline in inflation, weaker USD exchange rates, increasing concerns regarding US debt sustainability, central bank gold purchases, the resilience of gold trading, and ongoing geopolitical risks.

Confirmation that inflation is falling around the world could be the best news we get in 2024.

We don’t expect central banks to cut rates before the second half of 2024.

The importance of a financial centre or bank cannot be assessed based on assets under management alone. First and foremost, what makes Switzerland the world leader in cross-border private banking is the excellent service and management know-how it offers, rather than the volume of assets it manages.

A Union Bancaire Privée regista um lucro líquido de 223,8 milhões de francos suíços, um aumento de 6,4 %.

Portfolio construction is back to the forefront in 2024.

The sort of infrastructure that traditionally springs to mind might include bridges, roads, airports, rail and power. However, it can be argued in many cases that the infrastructure built over the last few decades is no longer fit for the future needs of society, given the heightened geopolitical risk, changing demographics, and environmental considerations.

Rising interest rates have disrupted risk distribution in public and private markets, ushering in a new era distinct from the previous decade of suppressed risks and ample liquidity due to the "Fed put".

Following up on its wish list published last month, UBP’s Impact team has looked at the outcomes of COP28, specifically as regards a call to action, the climate and nature agendas, adaptation, fossil fuels, and (once again) carbon pricing.