Christian Jost
“In the aftermath of the early summer correction, we have increased our equity exposure by 10 per cent to now 46 per cent. We have also completely shifted the style bias within our US and European exposure, moving away from high beta to more defensive funds. Our bond portfolio has remained unchanged at 36 per cent. We still favour absolute return oriented fixed income managers. Ten per cent remain allocated to defensive hedge funds, while our cash holdings have been reduced from 22 per cent down to 8 per cent.”
Amount (E) Fund
12,000 Anglo Irish Active Income
12,000 Europportunity Bond Fund
12,000 Julius Baer Absolute Return Bond Fund
10,000 Coreolan Europe
8,000 Cash
8,000 M&G American
8,000 Vitruvius Japanese Equity
7,500 Oyster European Opportunities
7,500 UBS US Value
5,000 Invesco Absolute Return Fund
5,000 JP Morgan Emerging Markets Equity Fund
5,000 Patrimoine CA-AM VAR8 EUR
