Nov 25, 2020 7:00:00 AM | LGT Private Banking Europe House View
LGT Private Banking Europe House View – December 2020
Are we in for a tough winter? After the US elections, the market sentiment is again dominated by the corona pandemic, but also by hopes for a soon available vaccine. In our investment strategy, we confirm our constructive outlook and continue to favor equities over bonds. In equities, we have a more balanced approach to quality and see catch-up potential in emerging markets. Within the bond ratio, we are increasing emerging market bonds in local currency to “neutral“ and downgrade corporate bonds to “unattractive“.