Alessandro Costa
“In the last month we have reduced some total return fund as Credit Agricole Var 4 and we have bought some liquidity fund as Raiffeisen Euro Liquidity. The asset allocation of the portfolio was underweight in long bonds ad neutral in equities. We are always monitoring the market, looking for new funds that could be included in our portfolio. Each potential change in the portfolio will derive both from fund picking and asset allocation.”
AMOUNT (E) FUND
7,900 M&G UK Recovery
7,300 Axa Optimal Income
7,100 M&G Global Basics
6,800 Nordea European Value
6,650 ING Global High Dividend
6,600 Protea Wintergreen
6,500 MFS European Eq
6,300 Mellon Global Bond
6,000 DWS TR Bond
5,750 Dexia Euro Bond
4,900 Vontobel Global Value Ex US
3,500 Pictet Emerging Mkts Eq
3,500 UOB Kinetics Paradigm
3,300 ACM Global Value
3,250 UBAM Neuberger Berman US Value
3,000 Long Term Inv Classic
2,800 Raiffeisen Euro Liquidity
2,500 Nordea North American Value
2,300 CA Arbitrage VaR4
2,250 Henderson Japanese Eq
1,800 Legg Mason Global Value
