Professional Wealth Managementt

By PWM Editor

“During March, international stock markets recovered quite substantially. One reason for the rise of global stocks was the announcement of the Federal Reserve to buy up to $300bn of US Treasury bonds and around $850bn of mortgage-backed securities. In addition, Barack Obama signed a $787bn economic stimulus bill. In Europe, monetary policy also shows clear signs of loosening. In our portfolio, which is allocated according to C-Quadrat Best Fonds Strategy, bonds and cash were reduced in favour of equities and commodities bonds.”

 

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