Global GDP to reach 3.4% in 2014
Global GDP is likely to reach 3.4% in 2014 according to UBS Wealth Management. As Luxembourg strengthens its position as the leading wealth management centre in the Eurozone, what impact will the economic outlook have on investments? How should globally diversified portfolios be invested in the areas of equities, bonds and currencies? Luxembourg for Finance asked Kelvin Tay, UBS Chief Investments Officer for the Asia Pacific for his economic predictions for the year ahead. The interview took place on 10 March, 2014 at UBS Luxembourg.