UBS On-Air: Market Moves

On this episode of Viewpoints, Burkhard reflects on the US-China relationship ahead of next week’s summit in Beijing, the Strait of Hormuz closure and its impact to global energy prices, and what this all means for broader global markets and investor sentiment.

Emerging market equities have come a long way, evolving from commodity-driven high-beta plays to a dynamic mix of tech, AI, and regional growth stories. In this episode, we break down what’s powering EM returns today, the rise of North Asia’s tech giants, the shifting role of commodities, and why diversification matters more than ever. We also spotlight the key catalysts to watch in the months ahead: the Iran peace deal, US-China diplomacy, hyperscaler spending, China’s growth outlook, and pivotal EM elections. Featured is Xingchen Yu, Emerging Markets Strategist Americas, UBS Chief Investment Office. Host: Daniel Cassidy

Axios newswires reported the US and Iran “closing in on a deal”. Axios published similar reports on 15 April, 17 April, and 26 April. Markets want to believe, and blind faith drives pricing at the moment. The shape of the current war is largely in Iran’s hands. Investors have few insights into Iranian policy making.

For decades, emerging markets have been seen as the riskier part of portfolios. We discuss what has changed, and why markets are suddenly challenging that assumption now. Plus, we highlight how investors should consider using emerging market equities, bonds, and currencies in portfolios going forward. Featured is Alejo Czerwonko, Chief Investment Officer for Emerging Markets Americas, UBS Chief Investment Office. Host: Bryan Contreras

Elaine Zaharis-Nikas serves as Head of Fixed Income and Preferred Securities and a senior portfolio manager for the Cohen & Steers preferred securities portfolios. Elaine joins Frank Sileo, Senior Fixed Income Strategist Americas from the UBS Chief Investment Office, for a comprehensive discussion on the preferred securities market. They cover a performance update and outlook, risk considerations, positioning views, and more.