Claudio Barberis
“With equity markets on the downtrend, and volatility on the rise, we prefer a well-diversified portfolio. The duration of the bond portion has been increased, but we remain convinced that well-managed total return products can be a significant source of non-correlated return. On equities, we have chosen some very active managers trying to generate alpha with both bottom-up and top-down strategies. The market conditions suggested that sectors plays like MLIIF W.GOLD$ and ING Invest Utilities I and funds focused on large caps with global appeal are able to cope with an economic downturn, like Morgan Stanley Global Brands and M&G Global Leaders.”
AMOUNT (E) FUND
8,000 Allianz RCM Systematic Equity
8,000 JB Absolute Return Bond
7,000 AXA WF Euro Bond 10+LT
6,000 AMEX-GEMAR AEH?
5,500 Allianz RCM Europe Equity Growth
5,000 AXA WF Euro Bond 7-10
5,000 Deka-Euro RentenPlus TF
5,000 MLIIF W.GOLD$
5,000 Morgan Stanley Global Brands
5,000 Parvest Euro Gov’t Bond C
4,500 GLG European Eq N
4,000 Deka Xtension CF EUR
4,000 ING Invest Utilities I
4,000 M&G Global Leaders
4,000 Morgan Stanley FX RC 800
4,000 Vitruvius European Equity
4,000 Vitruvius Japanese Eq
3,000 AMEX World Energy
3,000 HSBC Asia Freestyle
3,000 IXIS Oakmark Global Value
3,000 Legg Mason US Growth
