Investment expertise

Asset allocation

Asset allocation

According to the investment outlook, we put together an asset allocation that takes into account the latest macroeconomic updates, specific risk profiles and reference currencies. Our most recent global macroeconomic views, asset-class outlook and asset allocation grids are published on a monthly basis.


  • GLOBAL TACTICAL ASSET ALLOCATION - Preference for Japanese and European equities
  • UBP ECONOMIC OUTLOOK - Still improving outlook on the Eurozone
  • UBP ECONOMIC OUTLOOK - World growth expected on a sustained 3.5% trend
  • GLOBAL EQUITIES - Adding to Europe and Japan equities but buying tactical protection in the US
  • GLOBAL BONDS - Global bond yields have risen sharply following comments from ECB
  • GLOBAL PORTFOLIO POSITIONING - Prefer non-US equities and Alternatives
  • RECENT PORTFOLIO CHANGES - Adding to Japanese and European equities,buying tactical protection in the US
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Asset Allocation

July 2017

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