Graham Duce
“We are growing increasingly worried about the Euro zone’s economic backdrop. We have reduced our allocation by reducing the Mainfirst Avant Garde fund and increasing our US weight by buying the JPM US Select 130/30 fund. Unlike some 130/30 funds this model has a successful historical track record having been run for US domestic investors since 2004. The fund provides us with flexibility to benefit from the current market volatility as well as providing us with sector diversification and a broad footprint in US large cap equities. Not only will this position increase our total US weight but it will blend along side our other US managers.”
AMOUNT () FUND
15,000 BlueBay Investment Grade (European corporate)
14,000 Thames River Global Bond EUR (global sovereign fixed)
10,000 Templeton Asian Bond Fund (Asian bond/currency)
9,000 Martin Currie North American Alpha (US equity)
8,000 JO Hambro Capital Continental European (Euro ex-UK equity)
6,000 Melchior Select Japan Advantage (Japanese equity)
5,000 Blackrock Absolute Alpha (absolute return)
5,000 Findlay Park US Smaller Companies (US equity)
5,000 Mainfirst Avant Garde (pan-Euro equity)
5,000 Resolution Hexam Global Emerging Markets (GEM equity)
5,000 JPM US Select 130/30 (US equity)
4,000 Thames River High Income EUR (global credit)
3,000 Veritas Asian Fund (Asia Pacific equity)
3,000 SG Japan Core Alpha (Japanese equity)
3,000 Cash (money markets)
