UBS crown prince Khan sees « Stagflation » in the course of the customs agenda
« The biggest question when you think about risks – and I don’t think the question is how much growth we will have or not – is the stagflation, » said the head of the Asia business of UBS IQBAL Khan on Thursday at the Bloomberg Family Office Summit in Hong Kong.
This is the real risk out there, and everyone wants to avoid that. And I think most central banks, including the Fed, are clearly very, very focused on it. ”
Khan, who moved his headquarters to Hong Kong last year, is also the co-boss of the WEATTH management of the bank.
Europe begins to wake up and focuses more on the economy.
However, there are opportunities on the market, says Khan. Europe begins to “wake up” and focus more on the economy. In the long term, investors should look at China in the long term, said the manager.
Khan was selected in 2024 as part of a restructuring for the Asia-Pacific role. The head of UBS’s investment banking, Rob Karofsky, was appointed America boss and co-manager of global Wealth management. The two are the main attendants to the successor of UBS CEO Sergio Ermotti, who is expected to resign in early 2027.
