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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
03/22/201714:57:00The Art Basel and UBS Global Art Market Report: Key Findings
03/15/201713:00:27Notice of Iran-related Disclosure Filed Pursuant to Section 13(r)(3...
03/15/201710:47:00Rent the Runway Foundation and UBS Announce Finalists for Year...
03/10/201716:05:05Report of Foreign Issuer (6-k)
03/10/201715:57:04Report of Foreign Issuer (6-k)
03/10/201715:48:16Report of Foreign Issuer (6-k)
03/10/201715:37:01Report of Foreign Issuer (6-k)
03/10/201715:15:51Report of Foreign Issuer (6-k)
03/10/201715:01:59Annual and Transition Report (foreign Private Issuer) (20-f)
03/10/201700:45:00UBS publishes Annual Report 2016
03/08/201711:44:00UBS Wealth Management Americas Partners with Rethink Impact to...
03/03/201710:00:00UBS Declares Coupon Payments on Ten Monthly Pay ETRACS Exchange...
03/02/201701:00:00UBS will substitute issuer of future loss-absorbing AT1 capital...
02/20/201701:00:00Northern Trust to Acquire Fund Services Units of UBS in Luxembourg...
02/17/201710:00:00UBS declares quarterly coupon payments on Exchange Traded Notes:...
02/14/201716:15:11Amended Statement of Ownership (sc 13g/a)
02/14/201714:14:28Form 13f Holdings Report (13f-hr)
02/03/201710:00:00UBS Declares Coupon Payments on 10 Monthly Pay ETRACS Exchange...
01/27/201707:19:31Report of Foreign Issuer (6-k)
01/27/201707:08:03Report of Foreign Issuer (6-k)

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