Professional Wealth Managementt

By PWM Editor

“As opposed to the previous review where made changes were made to the portfolio, this month everything stays the same. Our allocation to equities – which is overweight in Europe and Asia and underweight in the US – has brought positive results. We have a more cautious bias towards smaller companies as their risk reward appears less attractive than for larger companies. Fund selection, which is only based on very actively managed funds, has behaved well in general and has also contributed positively to performance.”

 

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