Graham Duce
“Anxiety over rising default rates has started to come to the forefront, as evidence suggests there will be a further increase in sub-prime defaults. This news has reduced the buying momentum within the markets as investors take profits and review risk positions. We feel fundamentally the US consumer will continue to spend, given income and employment remains strong. Any equity correction caused by the sub-prime default concern could be a good entry point for more fundamental and value-based investors considering the cheapness of equity markets.”
Amount (E) Fund
16,000 CS Bond Lux Target Return Euro (Total return, long only)
15,000 M&G European Leveraged Loan Fund (Senior Secured Debt diversifier)
15,000 Thames River Global Bond (Total return OECD bonds)
11,000 JO Hambro Capital Markets Continental European (Continental European blend sector driven Equity)
10,000 Mainfirst Avant Garde (Pan-European Growth concentrated equity)
8,000 JO Hambro Capital Markets UK Growth (UK blend active)
7,000 Merrill Lynch Flexible US Equity (US Flexible Blend)
5,000 Findlay Park US Smaller Cos (fundamental value small cap)
5,000 JPMF Tokyo Alpha Plus (pragmatic flexible trading)
4,000 JPM Emerging Markets Alpha Plus (Flexible total return Emerging equity)
4,000 Thames River High Income (Global Credit Flexible Total Return)
