From
Fund Selection
02 December 2010
Lionel De Broux
Manager selection specialist, IPCM, ING Private Management
Based in: Luxembourg
“Last month and the beginning of November have seen strong rebounds in performance for most of our investments, leading to an out-performance of our model portfolio compared to a balanced benchmark.
Some changes have been implemented; we have closed our hedge on Templeton Global Bond and BGF Global Allocation Fund. We have also switched our positions in the BGF World Energy Fund and BGF World Gold Fund into the recently added JPM Global Natural Resources A Acc EUR.”
