In UOBAM’s quarterly investment strategy webinar, Anthony Joseph Raza, senior director, multi-asset strategy for UOBAM, says: “We are calling this quarter (4Q) one that has long-term growth and constructive elements, but with near-term risks. We have to try to balance that.”
The markets are no longer as buoyant, relative to a year ago. However, there are plenty of reasons to remain upbeat for the coming year, especially for growth assets. “While we expect uncertainties over the coming quarter to increase, we would view any ensuing market volatility to be buying opportunities,” says UOB Asset Management (UOBAM).
The asset management’s more-positive sentiments on growth assets come on the back of improving sentiments in the market. Vaccination rates worldwide have improved and the “new norm” is solidifying. The world has learned how to live with Covid-19 and now is the time for growth.
