Luca Paolini, chief strategist at Geneva-headquartered Pictet Asset Management, and Arun Sai, senior multi asset strategist, share their insights on the investment landscape in 2025.
Luca Paolini and Arun Sai at Pictet Asset
Management are quite optimistic about the equity market in
2025, favouring US and UK equities in particular, and seeing the
UK as something of “a wild card.”
“We prefer US equities due to strong earnings and
“Trumponomics,” they said at a media event in London
yesterday. Although they still have a neutral position on UK
equities, they see value in them, believing that the UK is the
place to be over the next 12 months. “UK equities are cheap, they
have good energy exposure and are strong on defensives,” Paolini
said. Banks, utilities, communication services and small caps
should outperform, whilst value stocks should stabilise. “UK
…
