Emerging market equities seen as next year’s best bet
UBS wealth management expects the asset class to deliver up to 15% in 2010, against 10% for developed market equities. In a report, it predicts commodities will continue to perform and the US dollar will remain weak.
Emerging market equities will deliver returns of up to 15% next year as the global economy continues to recover from the financial crisis, says UBS wealth management.
Developed market equities should post returns of around 10% in 2010, with equities in Europe and the UK offering the best value
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