UBS Investor Sentiment: World’s wealthy sticking with stocks despite COVID-19, with close to half of UAE respondents planning to invest even more
- Almost half of wealthy investors expect to keep their stock portfolios at the same level in the next six months, while 37% plan to invest more, according to UBS’s quarterly global survey
- In the UAE, a third of respondents are not planning to adjust their portfolios, and 43% even plan to invest more
- UAE investors’ optimism on the local stock market’s outlook is down 23 percent versus the previous quarter but compared to other region remains high
The share of investors expressing short-term optimism on their region’s economy fell most in the US
Dubai, United Arab Emirates: 11 May 2020 – Wealthy investors and business owners are remaining optimistic about the longer term despite a sharp dip in short-term confidence due to the coronavirus, according to the new quarterly Investor Sentiment survey from UBS, the world’s leading global wealth manager.