Union Investment maintains its neutral risk positioning
At its regular meeting in July, the Union Investment Committee (UIC) confirmed its neutral risk positioning (RoRo meter 3). The model portfolio still has a neutral structure, but its focus has shifted. Firstly, this is due to decisions made by the US Federal Reserve (Fed) and the European Central Bank (ECB). Secondly, the economic picture has not brightened at all and the trade dispute is taking centre stage again.