UBS Wealth Manager Cautions On Big Tech

Kleo Curry, vice president of Wealth Management at UBS Financial Services, says she's 'cautious' on positioning too heavily in Big Tech. 

By Reuters

Kleo Curry, vice president of Wealth Management at UBS Financial Services, says she’s ‘cautious’ on positioning too heavily in Big Tech, despite investor excitement over AI products.

Curry warns that this year’s tech gains — which have largely propelled the S&P — could fade given that the economy is slowing, and adds that diversification into defensive sectors such as utilities is key.

This video was provided by Reuters.

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