Professional Wealth Managementt

By PWM Editor

“US managers again receive less equity allocation, as we instead decide to up our percentage to Europe, UK, Asia and emerging markets. We added the Orbis Japan fund to the Japanese equity portfolio. Orbis Japan receives particular attention from Alan Gray (Orbis’ founder and chairman) himself, and as such has the benefit of his significant experience and expertise. All of the Orbis funds are built around a proven stock picking process that has delivered excellent alpha over many years. The focus on margin of safety has historically provided substantial downside protection.”

 

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