David Bulteel
“Equities continued their poor performance in January, as fears of weak economic growth or recession led to worries about falling corporate profits, particularly in the banking sector where visibility is poor. To help mitigate some of these fears the Fed cut interest rates but the UK and European central banks have been more hawkish in their outlook. With substantial bad news priced into the areas of greatest risk in the market, there appears to be value on offer if the world economy experiences a soft landing but the period of greatest risk is in coming months. With this in mind, a watchful approach is required.”
AMOUNT (E) FUND
15,000 Fidelity European Bond Fund
15,000 Thames River Euro Global Bond Fund
10,000 Artemis European Growth Fund
10,000 Fidelity European Equity Fund
10,000 Gartmore Continental European Equity
8,000 Schroder European Alpha Plus
5,000 Dexion Absolute Fund of Hedge Funds
5,000 Threadneedle Euro High Yield Bond Fund
3,500 Polar Capital Japan Fund
3,000 European Asset Value Fund
3,000 Merrill Lynch US Flexible Equity Fund
3,000 Schroder UK Alpha Plus
3,000 UBS US Equity Fund
2,000 Findlay Park US Smaller Cos
1,500 Atlantis Japan Growth Fund
1,500 JP Morgan Emerging Markets Equity Fund
1,500 Threadneedle Asia Fund
