SINGAPORE (Dec 29): Swiss global financial services company UBS is staying positive on US and emerging market (EM) equities in the year ahead.

In its UBS House View for 2017 strategy report, its chief investment office (CIO) highlights several opportunities in these two asset classes which could support their growth well into 2017.

US equities
• Economic growth has room to run, according to the office, especially in the manufacturing and services sectors. This should lead to higher revenue and earnings growth for US corporations. US earnings per share (EPS) is expected to grow by 8% in 2017.

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