Gary Potter and Rob Burdett

“In another extraordinary month many markets rebounded strongly, particularly in euro terms. With political uncertainty likely to remain a dominant issue for markets we took the opportunity to rotate out of our equity holdings, some of which are up well into double digits on the month. Thames River High Income looks well placed from a risk-adjusted outlook in our view so funds have been added here. A new absolute return fund – Odey Odyssey – has been added, which combines macro themes with trading skills and is managed by Tim Bond, previously manager of Barclays RADAR and an author of the Equity Gilt Study.”