Christian Jost
“The latest changes to our portfolio moved the spotlight to Europe, where the confidence in the traditional markets seems to have been restored. Our critical disinvestments in the Japanese and other Asian markets were due to their loss of attraction, caused by high volatility and, furthermore, possible market restrictions in China. These funds, amounting to 13.5 per cent of the total capital in use, were transferred to Europe, where, in order to avert further risks and maintain a stable portfolio, most were put into European fixed income strategies.”
Amount (E) Fund
12,000 Anglo Irish Active Income (total return sterling corporate bonds)
12,000 Kathrein Euro Bond T (quantitative euro-bond fund)
12,000 Aberdeen Global-Europe High Yield Bond
11,500 Coreolan Europe B (European large cap equities)
10,000 C-QUADRAT ARTS Best Momentum (computer-based trend-following momentum driven non-discretionary)
7500 Invesco Absolute Return Fund (absolute return hedge on currencies, equities & bonds)
7500 C-QUADRAT Triathlon (multi-asset drawdown risk minimising)
7500 Patrimoine CA-AM VAR8 (value at risk = 8/multi-asset-class hedge)
5000 M&G American Fund (US blend large cap equities)
5000 Vitruvius Japanese Equity EUR (Jap multi-style euro hedged equities)
5000 SGAM Equities US Relative Value
5000 Aberdeen Global Asia Pacific Fund (fundamental quality multi-cap)
