Exiting US Assets Is a ‘Dangerous Bet’, UBS CEO Ermotti Says

Investors seeking to dump US assets and the US dollar would be taking a “quite a dangerous bet,” UBS Group AG Chief Executive Officer Sergio Ermotti said.

By Myriam Balezou, Jonathan Ferro · Bloomberg

Investors seeking to dump US assets and the US dollar would be taking a “quite a dangerous bet,” UBS Group AG Chief Executive Officer Sergio Ermotti said.