Professional Wealth Managementt

By PWM Editor

Pierre Bonart, head of multi-management, Louvre Gestion
Based in: Paris, France
“We decided to adopt a moderate overweight in equities. The end of the year could be more supportive for stocks because of the seasonality and also because the US election issue is now behind us. With some help from attractive valuations especially in Europe and Japan, equities should outperform the other asset classes. We took our profits and sold our energy and mining exposure as a change in sentiment may occur if oil prices decline and/or investors misunderstand the tightening of China’s monetary policy.”

 

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