The sudden oil price plunge, driven by a stand-off over production cuts between Saudi Arabia and Russia, has rippled through markets. In our view, developments do not completely preclude production cuts in the coming quarters, but such a deal is far from a given.
These developments come amid ongoing investor fragility as the coronavirus' spread in the US and Europe accelerates. Given that fragility, the spillover from commodity markets is potentially significant.
UBS Asset Management experts across asset classes share insights on the impacts they are seeing in their portfolios, and what they expect over the coming weeks and months.
More Market Update articles
This website is intended for persons resident in Australia only and should not be relied upon by persons from any other jurisdiction. UBS Asset Management (Australia) Ltd ABN 31 003 146 290, AFS Licence No. 222605 is the product issuer of investment funds listed on this website. Before making an investment decision, you need to consider whether this information is appropriate to your objectives, financial situation or needs. Any potential investor should consider the relevant product disclosure statement (PDS) in deciding whether to acquire, or continue to hold units in a fund. Please consult your financial adviser. Past performance is not a reliable indicator of future performance.
Offer not to persons outside Australia
The PDS does not constitute an offer or invitation in any jurisdiction other than in Australia. Applications from outside Australia will not be accepted through the PDS. The funds are not intended to be sold to US Persons as defined under Regulation S of the US federal securities laws.
© UBS 1998 - 2020. All rights reserved