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Global Investment Returns Yearbook 2025

With 125 years of data, the UBS Global Investment Returns Yearbook 2025 provides the historical evidence and perspective needed to underpin future investment strategy. Discover how the first quarter of the 21st century’s market performance compares with that of the 20th century.

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  • Investing under Trump 2.0: Uncertainty and market volatility could persist as Trump’s policies take shape. But investors can bolster their portfolios by positioning for several enduring trends.
  • CIO House View: the impact of current economic trends on asset allocation based on our assessment of the global economy and financial markets.
  • Economics. Without jargon: Daily insights on a wide range of topics from Paul Donovan, our Global Chief Economist.

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Investing under Trump 2.0

How is President Trump affecting sustainability?

While the Trump administration's policies may weigh on some areas of the sustainable investing universe, opportunities with strong commercial economics still exist.

Reciprocal tariffs for Europe: No quick fix

What could reciprocal tariffs look like? Despite the claims, the reality is that the existing tariffs on EU-US trade are extremely low. It is hard to get a precise estimate on the number, but the EU believes that the effective tariff rate is around 1%.

US Federal Reserve building

Trump 2.0 Executive Order Tracker

Explore our overview of executive orders, including environmental and social impacts, investment implications, and updates such as relevant lawsuits and pauses.

CIO House View

Economics. Without jargon

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