Overweighting of equities confirmed
The Union Investment Committee (UIC) believes that the market environment remains positive with good conditions for the start of the new trading year in 2020. The committee has therefore confirmed the risk positioning (RoRo meter) at level 4. It has also retained the overweight position in equities, albeit with a broader base. Specifically, the UIC has overweighted equities from the emerging markets and, in return, reduced the long position in developed markets.