Julien Moutier
“Over the past month our defensive investments continue to play their role as shock absorbers in a context of volatile markets. For example, Centrale Long Vol, which is invested in equity markets implied volatility, has returned +2.24 per cent over the month and Pam Bonds Euro (Euro Govies) has returned +0.60 per cent. These investments benefited from a risk aversion increase. Our Asian bet has surprisingly returned a positive performance, as investors believe more and more in a decoupling scenario with Europe and the US.”
AMOUNT (E) FUND
17,000 FundQuest Bond Opportunities (Bond Total Return)
16,000 Alternatime 300 (Total Return)
16,000 PAM Bonds Euro (Core Euro Bond)
12,000 BNP Paribas Convertible Europe (European Convertible)
9,000 Uni-global Minimum Variance Europe (Defensive European Equity)
7,000 Carnegie Fund European Equity (Opportunistic European Equity)
6,000 Centrale Long Vol (Volatility trading)
6,000 Ecofi Quant Trésorerie Dynamique (Enhanced cash)
6,000 Raiffeisen 313 Trend Follower Bonds (Euro flexible Bond)
5,000 Threadneedle Asia Growth Fund (Core Asian Equity)
