Professional Wealth Managementt

By PWM Editor

“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.”

 

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