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Investment Strategy
: Merrill Lynch (Singapore) Pte Ltd, regulated by the Monetary Authority of Singapore (MAS): Merrill Lynch (Canada): Merrill Lynch Cana
Yield Screen (yield) James Barty Long SXDP Index Ronan Carr Equities Long Nikkei Shusuke Yamada Long European index dividend futures James Barty Long MSCI Asia ex-Japan Ajay Kapur Long RTY short SPX 2y variance swap Nitin Saksena 3000-2850 SX5E put spread Dec 16 expiry James Barty Equity vol Long NKY short S
Page: HOUSE_OVERSIGHT_014433 →<<Presentation Title>>
of the document. HOUSE_OVERSIGHT_024154 --- PAGE BREAK --- Asian equities (ex-Japan) MSCI Asia ex-Japan (27 June): 469 (last month: 466) UBS View MSCI Asia ex-Japan (6-month target): 515 ¢ The region continued to show high volatility last month, with its P/BV temporarily close to 2008 lows. ¢ Hong Kong a
Page: HOUSE_OVERSIGHT_024155 →al adviser under the Singapore Financial Advisers Act (Cap. 110) and a wholesale bank licensed under the Singapore Banking Act (Cap. 19) regulated by the Monetary Authority of Singapore, in respect of any matters arising from, or in connection with, the analysis or report. The recipient of this report represent and warrant that they
Page: HOUSE_OVERSIGHT_024178 →y found in Singapore, Taiwan & HK, complemented by growth-oriented stocks in the rest of Asia. Country preferences within Asia ex Japan (relative to MSCI Asia ex Japan) underweight neutral overweight China —————] Hong Kong India Indonesia | Korea a Malaysia | Philippines 7 Singapore Taiwan Thailand Others
Page: HOUSE_OVERSIGHT_025268 →al adviser under the Singapore Financial Advisers Act (Cap. 110) and a wholesale bank licensed under the Singapore Banking Act (Cap. 19) regulated by the Monetary Authority of Singapore, in respect of any matters arising from, or in connection with, the analysis or report. Spain: This publication is distributed to clients of UBS Bank
Page: HOUSE_OVERSIGHT_025290 →Entities connected to both MSCI Asia and The Monetary Authority of Singapore
the Dubai Financial Services Authority
ORGANIZATION
Michael Bloomberg
PERSON
Marc Rich
PERSON
U.S. Treasury
ORGANIZATION
Eurozone
ORGANIZATION
Barack Obama
PERSON
Malaysia
LOCATION
the Bank of England
ORGANIZATIONUtilities
ORGANIZATION
Federal Reserve
ORGANIZATION
Health Care
ORGANIZATION
Eric Holder
PERSON
North America
LOCATIONthe Bank of Japan
ORGANIZATION
Paul Volcker
PERSON
Hungary
LOCATION
Staples
ORGANIZATION
the Ministry of Finance
ORGANIZATION
Frankfurt am Main
LOCATION
Belgium
LOCATION