{
}
UBS has appointed Solita Marcelli, the Americas chief investment officer, as the new head of global investment management, effective July 1. She will succeed Bruno Marxer, who is set to retire at the end of Q1 2026 but will remain in his position until June 30 for a smooth transition. Additionally, Ulrike Hoffmann-Burchardi will take on the role of chief investment officer for the Americas, alongside her current responsibilities for global equities.
US equities faced a third consecutive decline, with the S&P 500 experiencing its longest losing streak of the year amid investor caution over US-China tensions and tariff discussions. Despite this volatility, UBS anticipates a rebound, particularly in China's internet sector, driven by strong fundamentals and AI innovation. They maintain a year-end target of 6,600 points for the S&P 500, emphasizing the need for portfolio diversification and capital preservation strategies.
UBS Chief Investment Officer Solita Marcelli remains optimistic, projecting the S&P 500 to rise to 6,600 by year-end, despite recent volatility and a 1.7% drop on Friday. She cites strong earnings growth, moderating inflation pressures, and manageable tariff risks as key factors supporting this outlook. Marcelli emphasizes the importance of portfolio diversification and capital preservation strategies amid market fluctuations.
UBS Chief Investment Officer Solita Marcelli forecasts a 10% rise in the S&P 500, targeting 6,600 by year-end, despite recent volatility. She cites easing inflation pressures, robust earnings growth, and a resilient economy as key factors, while cautioning about tariff risks and the need for portfolio diversification.
UBS forecasts growth for the US economy despite potential tariffs under President Trump's administration. Chief Investment Officer Solita Marcelli indicates that while risks will be monitored, the proposed tariffs are unlikely to impede economic expansion or halt the downward trend in inflation, possibly leading to a 50 basis point rate cut by the Federal Reserve later this year.
UBS forecasts growth for the US economy despite potential tariffs introduced by President Trump. Chief Investment Officer Solita Marcelli indicates that while risks will be monitored, the tariffs are unlikely to significantly impede economic growth or reverse the downward trend in inflation. This scenario may lead the Federal Reserve to consider a 50 basis point interest rate cut later this year.
The Southern California wildfires have resulted in at least 25 fatalities and displaced 200,000 people, damaging over 12,000 homes. Asset managers like Capital Group and iM Global Partner have expressed support for affected employees and communities, while UBS anticipates credit pressures across sectors but does not expect defaults among major municipal issuers due to federal and state support.
UBS forecasts a significant rise in the S&P 500, targeting 6,600 points by the end of 2025, driven by a strong economy, healthy corporate earnings, and advances in AI. With inflation under control and expectations of Fed rate cuts, markets are responding positively despite lingering uncertainties. Investors are advised to diversify their portfolios, focusing on high-quality bonds and equity income strategies.
The S&P 500 is on track for its first gain since Christmas, rising 1.1% in afternoon trading, driven by Nvidia's 4.5% increase. Despite a recent pullback, concerns about inflation and high stock prices persist, while U.S. Steel fell 5.6% after a blocked acquisition. Global markets reacted variably, with South Korea's Kospi gaining 1.8% amid political instability.
Wall Street rebounded on Friday, with the S&P 500 rising 1.3% for its first gain since Christmas, driven by strong performances from Big Tech stocks like Nvidia and Tesla. The Dow Jones gained 339 points, while the Nasdaq jumped 1.8%. However, U.S. Steel fell 6.5% after a blocked acquisition, and alcohol companies dropped following health warnings about cancer risks associated with consumption.
Solita Marcelli
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs appoints solita marcelli as head of global investment management
21:52 31.03.2025
ubs predicts stock rebound amid investor caution and tariff concerns
Canadian Dollar
United States Dollar
Chinese Yuan
Mexican Peso
MEX
CHN
CAN
USA
Solita Marcelli
Donald Trump
Show more
15:19 25.02.2025
ubs predicts s and p 500 to rise 10 percent by year end
17:45 24.02.2025
ubs forecasts ten percent rise in s and p 500 by year end
17:44 24.02.2025
ubs forecasts economic growth despite potential impact of trump tariffs
17:06 21.01.2025
ubs forecasts us economic growth despite potential trump tariffs
17:02 21.01.2025
california wildfires prompt industry support and concern for affected communities
10:48 21.01.2025
ubs forecasts strong s p 500 recovery amid easing inflation and rate cuts
15:52 17.01.2025
s and p 500 rebounds as tech stocks drive market recovery
United States Dollar
NVIDIA Corporation
Tesla, Inc.
Brown-Forman Corp
U. S. Steel Canada Inc. Retirement Plan for CAW Local 523 Employees of the Former Stelpipe Ltd.
Super Micro Computer, Inc.
Rivian Automotive, Inc.
Molson Coors Beverage Co
CHN
JPN
USA
KOR
Vivek Murthy
Choi Sang-mok
Solita Marcelli
Donald Trump
Show more
19:24 03.01.2025
s and p 500 posts first gain since christmas led by big tech stocks
NVIDIA Corporation
Tesla, Inc.
Brown-Forman Corp
U. S. Steel Canada Inc. Retirement Plan for CAW Local 523 Employees of the Former Stelpipe Ltd.
Palantir Technologies Inc.
Super Micro Computer, Inc.
Rivian Automotive, Inc.
Molson Coors Beverage Co
JPN
USA
Vivek Murthy
Solita Marcelli
Show more
05:12 03.01.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Finance Mergers & Acquisitions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Central Bank Actions
Industry Mergers & Acquisitions
Inflation and Monetary Impact
Government Economic Policies
Market Analysis and Predictions
CEO Changes
Domestic Politics
Government Policies
Workplace Trends
GDP Growth & Recession Forecasts
Financial Scams and Security
Countries:
Companies:
Apple Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Barclays PLC
Deutsche Bank Money Market PP
The Goldman Sachs Group, Inc.
Credit Suisse Strategic Income I
Banco Santander, S.A.
Berkshire Hathaway Inc.
UBS Group AG
Lloyds Banking Group plc
SpaceXCoin USD
Bank of America Corporation
Morgan Stanley
Amazon.com, Inc.
NVIDIA Corporation
Wells Fargo & Company
BNP Paribas SA
Bank Frick AG
UniCredit S.p.A.
Currencies:
United States Dollar
Euro
Swiss Franc
British Pound Sterling
Japanese Yen
Indian Rupee
Chinese Yuan
Vietnamese Đồng
South Korean Won
Canadian Dollar
Australian Dollar
Thai Baht
New Taiwan Dollar
Singapore Dollar
Indonesian Rupiah
Mexican Peso
Cambodian Riel
Russian Ruble
Hong Kong Dollar
Offshore Chinese Yuan
People:
Donald Trump
Elon Musk
Warren Buffett
JD Vance
Sergio Ermotti
Mark Haefele
Robin Leopold
Olivier Calvet
Troy L Rohrbaugh
Jennifer Piepszak
Karoline Leavitt
Ursula von der Leyen
Scott Bessent
Stacey Friedman
George Saravelos
Alex Kramm
Susan P. Crawford
Francois Xavier Bouvignies
Joseph Spak
Stefan Rauti