2Q 2025: The expansion continues amid increased risks
The market has become more uncertain amid US policy shifts under President Trump. Nevertheless, in their second Quarterly Investment Strategy report for 2025, UOBAM’s investment managers outline why the global growth backdrop remains solid. They hold the view that while US growth is likely to slow this year, other regions are seeing positive momentum with Europe rebounding from weak levels in 2024 and China stabilising.
That said, recession risks are rising and more caution is warranted. Against this backdrop, the UOBAM Investment Team is recommending neutral positions across equities, fixed income, commodities and cash. Within equities, they favour Europe, China, and Asia equities. For fixed income, they continue to overweight corporate bonds given attractive yields.
Hear from UOBAM’s Head of Multi-Asset Strategy, Anthony Raza
Summary of UOBAM views
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