UBS

Hong Kong

Tariff traffic

– Economic and earnings growth has remained strong. We do not see an imminent end to the cycle.

– But trade tensions have been increasing. While we expect the dispute to be resolved before tipping the world into recession, there is a risk that the conflict gets worse before it gets better.

– As a result, we reduce the size of our overweight in global equities. We will await a reduction in trade risks, as well as monitoring growth and valuations, for signs the time is right to increase exposure again.

– We are left with a broadly neutral exposure to global risky assets.

Individuals around the world look to UBS to provide them with the advice, expertise and opportunities they need to grow their wealth.

Leading companies and institutions in more than 50 countries rely on our financial resources, expertise and infrastructure to help them grow their businesses, manage their risks and invest for the future.
In Switzerland, we fulfill every kind of banking and investment need, from savings and credit cards to mergers and acquisitions.

See how our unique global presence and capabilities can help you achieve your financial goals. 

With Sustainable Performance, one of UBS's three principles, our focus is on the long-term and we work to provide consistent returns to our stakeholders. Our cross-divisional organization, UBS and Society, focuses our firm on making Sustainable Performance the standard across our firm and part of every client conversation. Our ambition is to be:

– A leader in sustainable investing for private and institutional clients

– A recognized innovator and thought leader in philanthropy

– An industry leader in sustainability

UBS fosters a development and learning culture that creates opportunities for every employee to grow as an individual and provides a platform to empower them professionally. Despite the size and scope of the organization, you'll see that you work for a firm that values you as an individual.