UBS: Investors Facing an 'Unprecedented Situation'

UBS: Investors Facing an 'Unprecedented Situation'

The investment community is currently facing a time of low volumes and major volatility that has the potential to wipe out yearly returns in a single day, according to UBS Chairman Axel Weber.

"Markets have to get used to that," he told CNBC on the sidelines of the annual meetings of the International Monetary Fund and the World Bank.

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