According to Odaily, UBS Wealth Management has released a report this week titled 'Investment Lessons for the Second Half of the Year', emphasizing key lessons investors should learn for the next six months. The report underscores the importance of diversification in assets, regions, and industries, especially considering the political uncertainty highlighted by the US election debates. 'Therefore, as investors enter the second half of the year, we advocate establishing a balanced and diversified investment portfolio in fixed income, stocks, and alternative investments to prepare for declining interest rates and the constantly changing political landscape,' UBS added.
The banking giant also views gold as an attractive geopolitical hedge and a tool for portfolio diversification, listing it as their most favored precious metal. UBS further pointed out that the market performance in the first half of 2024 was strong. 'We continue to see a supportive backdrop for global equities and expect discount factors to decline as inflation normalizes and central banks around the world begin their policy easing cycles,' UBS concluded.