Tom Digenan reins in bets for more cautious approach

UBS US equity manager explains why he has opted for a more conservative mandate

After pursuing an aggressive strategy in 2009, UBS US equity manager Tom Digenan is reining in his bets and taking an altogether more cautious approach. He talks to Asset TV about why stock selection is becoming more important than sector bets, gives his views on President Obama’s reform of financials and healthcare, and predicts an end to a period of low equity volatility How has the fund been performing recently? We had a very strong year in 2009 and were really well positioned at the height of the economic crisis. Basically we were ahead of the world in getting more exposure to...