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UBS Investment Chief: U.S. Offers Better Risk-Return Than Europe

ZURICH--U.S. assets offer a better risk-return profile than European securities, Alexander Friedman, chief investment officer at UBS AG (UBS), said Thursday. "With the economic and political outlooks still favouring the U.S., we believe it continues to make sense to prefer U.S. assets over European assets," Mr. Friedman said in a monthly letter to clients. As a result, Switzerland's largest bank by assets, prefers the dollar over the euro, U.S. equities over euro-zone stocks and U.S. corporate bonds over debt issues from European companies. "U.S. companies issuing in the high-yield market remain cash rich, and we believe that default rates will remain low while the economy is still growing," he said. Write to anita.greil@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Ubs (UBS)
DateTimeHeadline
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08/20/201510:00:00UBS Declares Quarterly Coupon Payment on Exchange-Traded Note:...
08/19/201506:37:56Report of Foreign Issuer (6-k)
08/19/201506:19:59Report of Foreign Issuer (6-k)
08/19/201500:45:00UBS announces successful completion of SESTA procedure and expected...
08/14/201510:51:59Form 13f Holdings Report (13f-hr)
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08/05/201510:00:00UBS Declares Coupon Payments on Twelve Monthly Pay ETRACS Exchange-Traded...
08/03/201507:30:03Hong Kong Fines BNP Paribas for Leaving Investors in the Dark
07/31/201513:06:40UBS Increases Stake in Telecity
07/31/201510:16:38Report of Foreign Issuer (6-k)
07/31/201510:13:37Report of Foreign Issuer (6-k)
07/31/201500:45:00UBS AG second quarter 2015 report published today
07/30/201520:20:24Deadline Draws Near for Puerto Rico
07/30/201501:10:43Singapore Sovereign-Wealth Fund Expects Lower Returns
07/29/201514:00:15U.S. Probes Former UBS Puerto Rico Adviser Over Loans for Debt...
07/28/201506:11:35Report of Foreign Issuer (6-k)

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