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A more constructive year for investment predicted

Writer: Liu Minxia  |  Editor: Liu Minxia  |  From: Shenzhen Daily  |  Updated: 2022-12-01

As 2023 is drawing near and global investors try to identify the turning points in economies against a complex geopolitical backdrop, UBS Global Wealth Management’s (GWM) chief investment office released a report yesterday, outlining what investors can expect in the upcoming year.

The investment backdrop should become more constructive in 2023, as inflation falls and investors start to anticipate rate cuts and higher growth, the report said.

 “We see a year of inflections ahead and investors currently sheltering from volatility need to plan when, and how, to rotate back into recovery themes in 2023,” said Mark Haefele, chief investment officer at UBS GWM. “Over the longer term, we see private markets as a way to grow exposure to secular trends of the decade ahead, notably in the areas of digitalization and energy security.”

As the decade of transformation has already brought significant changes globally and is expected to continue to exert an influence, UBS analysts also suggested to invest sustainably.