Bernard Aybran

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From Fund Selection 01 November 2008

By PWM Editor

“Asset management in general, and fund selection in particular, have been all about how secure is your money, lately. This has to be appreciated with regards to each asset class, obviously, but the management company and the custodian have to be scrutinised as well. Thus, the changes in our portfolio mainly reflect this overall “flight to quality”. The main addition is the Powershare EuroMTS Cash 3 Months: it is only made up of EuroZone Sovereign short term, with a cash portfolio (ie not a swap replication), and the custodian is as sound as you can expect.”

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Bernard Aybran

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