While some investors may be tired of the drawn-out election process, it appears that plenty of them want to keep up with the 2016 elections.
This interest has prompted UBS to create a series of events and content for its clients that aims to give clients “unique insights into the 2016 presidential election process, potential outcomes and their policy and market implications,” the company said on Thursday.
UBS explains that the program, ElectionWatch 2016, was developed in response to client feedback and recent UBS Wealth Management Americas’ research showing the election and political environment “are top-of-mind concerns.”
(The Swiss-based investment bank is set to release earnings on Friday. Its U.S. wealth business has some 7,000 advisors and total client assets of over $1 trillion.)
In fact, a survey conducted earlier this year found that 80% of respondents are worried about the outcome of the 2016 presidential election, and 76% are worried about the size of the national debt.
“The 2016 presidential primaries have produced many unexpected outcomes and significant uncertainty remains as we head into the conventions and general election,” said Tom Naratil, president of UBS Americas and Wealth Management Americas, said in a statement.
“Our clients are both curious and concerned about who the next president might be and the policy changes he or she may implement,” explained Naratil. “By partnering with some of our country’s great political minds, UBS WMA is able to provide our clients with access to unique insights and thoughtful perspectives on what they can expect going forward.”
Starting in July, UBS ElectionWatch 2016 will include client events in major U.S. cities featuring conversations with “nationally recognized political figures and experts, covering the twists and turns of the electoral process, expectations for the general election and key policy implications,” according to the firm.
Also, the firm’s Chief Investment Office Wealth Management Research will publish research and other information on the race’s investment implications. This effort will include interviews with UBS public policy experts and broad investment guidance from senior researchers.
In addition, equity and fixed income strategists will review the candidates’ positions on a variety of issues and assess their potential impact on the economy.
— Check out Clinton, Trump in Dead Heat Among Affluent Voters: Survey on ThinkAdvisor.