Alessandro Costa

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From Fund Selection 01 May 2006

By PWM Editor

“In our portfolio we support the relative positive valuation of equities compared to bonds. This is reflected in an overweight position in emerging markets, which is obtained both through direct exposure (Pictet Global Emerging Market) and indirect exposure (M&G UK recovery, M&G Global Basic and Vontobel Global Equities). No changes to the fund selections or asset allocations this month.”

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Alessandro Costa

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