Fixed income is more attractive now than it was a year ago: Thomas Digenan
Thomas Digenan, head of americas investment solutions specialists at UBS Asset Management, tells BNN Bloomberg investors should not expect a quick pivot on interest rates from the US Fed, and that rates have been the main drivers of return in the past few months. Digenan says weakness in Q3 has created tremendous opportunities in the stock market, and notes YTD returns have been phenomenal in the energy sector.