We See Growth Everywhere Across the GCC, Says UBS’s Novakovic

The transcript discusses UBS's expansion in Dubai, highlighting a 30% growth in wealth management. It explores growth opportunities across GCC countries, noting no significant money outflow post-Khashoggi. The discussion shifts to client concerns about market volatility and economic uncertainty, affecting investment behavior. Despite nervousness, clients are considering re-entering markets with hedging strategies.

What factors are causing clients to be less open to deploying additional capital?

How have clients' attitudes towards investing changed since before Christmas?