Coutts’ Fahad Kamal: Being overweight US stocks is worth the risk

An Audience With

The chief investment officer of private bank Coutts has adopted a more global approach, but hasn’t given up on the UK just yet

By Kristen McGachey

‘People were pricing in Armageddon’ after Liberation Day, Kamal tells FN, but clients have benefitted from a rebound Illustration: Danilo Agutoli for FN

Liberation Day is an event that wealth managers are unlikely to forget anytime soon.

US president Donald Trump in April unleashed an unprecedented barrage of global tariffs, including steep hikes on imported goods for some of America’s key allies and major trading partners, wiping trillions of dollars off stock markets in a matter of days.

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