Patrice Gautry Chief Economist and member of the Investment Committee
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MENA CONFERENCE – APRIL 2013 MENA CONFERENCE – APRIL 2013 1 Patrice Gautry Chief Economist and member of the Investment Committee Union Bancaire Privée, UBP SA
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Patrice Gautry Chief Economist and member of the Investment Committee Union Bancaire Privée, UBP SA. Swiss-Arab Wealth Management Forum. 10 APRIL 2013. Asset Allocation’s current challenges. Moderate growth and low yields, but aggressive central banks - PowerPoint PPT Presentation
Transcript of Patrice Gautry Chief Economist and member of the Investment Committee
MENA CONFERENCE – APRIL 2013MENA CONFERENCE – APRIL 2013 1
Patrice GautryChief Economist and member of the Investment Committee
Union Bancaire Privée, UBP SA
Union Bancaire Privée, UBP SA | 96-98, rue du Rhône | CP 1320 | 1211 Geneva 1, SwitzerlandTel.: +41 58 819 2111 | Fax: +41 58 819 2200
Swiss-Arab Wealth Management Forum
10 APRIL 2013
Swiss-Arab Wealth Management Forum – 10 APRIL 2013 3
Asset Allocation’s current challenges
Moderate growth and low yields, but aggressive central banks
Massive reflation is driving asset allocation
Preferences are converging towards equities
Central banks are declaring a new currency war
Gold: not the end of an era
