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Home / Fund Selection / Hans-Erik Ribberholt

By PWM Editor

“The portfolio returned 2.5 per cent in April. The best performing fund was Danske Fund Europe, which returned 8 per cent. The worst return was posted by Pictet Asia local Currency Debt., which lost 1.35 per cent in line with fixed income funds in general. To take advantage of this we have added another 5 per cent of the portfolio to this fund. ING Senior Secured Loan seems to have turned the corner after a few difficult months. Senior bank loans now trades at LIBID + approximately 6 per cent. We have also added JPMorgan Global Convertibles (EUR), and Blackrock Absolut Return Strat, a closed end fund of hedge funds traded daily at London Stock Exchange.”

 

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