Dear Valued Client,
Thank you for your continued support throughout 2011. In a rapidly changing global financial environment, we remain committed to helping our clients achieve both their financial goals and sustainable portfolio performance.
The New Year is traditionally a time for taking stock and the 14th edition of UBS Perspectives is no exception. In this issue, we look at how investors can ensure that their portfolios are working for them and consider some less well-known options for making best use of your wealth. We hope that UBS Perspectives will continue to give you the insight, analysis and perspective you need in 2012.
In this first issue of the New Year, UBS Wealth Management Research’s Andreas Höfert, Chief Economist and Global Head, and Yonghao Pu, Chief Investment Strategist, Asia Pacific, look ahead to the challenges and opportunities facing the financial markets in 2012 on a global scale and with an Asian perspective respectively.
We are pleased to welcome Alex Friedman, Chief Investment Officer of UBS Wealth Management, to the pages of UBS Perspectives to provide his views on alternative investments beyond “traditional” stocks and bonds, and how they might enhance private investors’ portfolios in a low-yield world.
Our UBS Values-Based Investing team share Alex’s passion for philanthropy and sustainable investments. We believe that impact investing—delivering both social impact and investor returns—can be the future for affecting real change.
We hope that you find this issue of UBS Perspectives useful reading and we welcome your feedback on any of the articles in this or for future issues. If you would like to get in touch with us, please contact the Editor at Perspectives@ubs.com.
May we take this opportunity to wish you a happy and prosperous year of the Dragon!