Pictet’s Head of Multi Asset Says Chase US Stock Rally

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Why This Matters

Pictet's Head of Multi Asset suggests that US stock rally is inevitable, citing that asset managers are forced to chase gains despite concerns about valuation and concentration.

Market Impact

Market impact analysis based on bullish sentiment with 66% confidence.

Sentiment
Bullish
AI Confidence
66%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Even asset managers who are worried that US stocks are too expensive and too concentrated have no choice but to chase gains, according to Andrew Cole, head of multi-asset investing at Pictet Asset Management.

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Original article published by Bloomberg on December 10, 2025.
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