Claudio Barberis
“The portfolio for February has changed little from the previous month. We sold some equity exposure in favour of more corporate bond exposure (AXA and Schroder corporate bond funds). We sold the Parvest Abs Return Bond due to poor performance. We think that Central Bank interventions are helping credit markets - money markets liquidity has already been improving in the last few months and corporate spreads seem to be stabilising. The overall portfolio remains conservative, with exposure to gold and high dividend stocks.”
AMOUNT () FUND
8,000 AXA WF Euro Bond 7-10
7,000 Allianz RCM Systematic Equity
7,000 BlackRock Euro Bond - EUR
7,000 Allianz RCM Europe Equity Growth
6,000 Vitruvius European Equity
6,000 Morgan Stanley Global Brands
5,000 MLIIF W.GOLD$
5,000 M&G Global Leaders
5,000 JB Absolute Return Bond
5,000 Ing Europe High Dividend
5,000 GLG Performance Fund
5,000 BlackRock Euro Markets
5,000 Amex World Energy
5,000 Axa WF Euro Credit Plus
5,000 Schroder Euro Corporate
5,000 Vitruvius Japanese Eq.
4,000 GLG European Equity
4,000 Deka Xtension CF EUR
1,000 HSBC Asia Freestyle
