Claudio Barberis
“In November we added some risk exposure to our conservative portfolios. Markets continue to be very volatile, but interventions by Central Banks are starting to have an impact on money markets and spreads. We think this will slowly help markets stabilise, starting from financial and corporate debt. We increased our corporate holdings buying the Schroder Euro Corporate Bond Fund, and we reduced exposure to government bonds and absolute return funds. We also slightly increased our equity holdings buying energy funds and global big caps.”
AMOUNT (E) FUND
8,000 Allianz RCM Systematic Equity
8,000 AXA WF Euro Bond 7-10
6,000 Allianz RCM Europe Equity Growth
6,000 BlackRock Euro Bond - EUR
5,000 AMEX World Energy
5,000 BlackRock Euro Markets
5,000 GLG Performance Fund
5,000 ING Europe High Dividend
5,000 JB Absolute Return Bond
5,000 M&G Global Leaders
5,000 MLIIF W.GOLD$
5,000 Morgan Stanley Global Brands
5,000 Parvest Abs Return Bond
5,000 Vitruvius European Equity
5,000 Vitruvius Japanese Eq.
4,000 Deka Xtension CF EUR
4,000 GLG European Equity
4,000 UBS Euro Corp
3,000 Schroder Euro Corporate
2,000 HSBC Asia Freestyle
