Robert Burdett
“The strong equity run suits our strategy and the majority of our fund selections were on the right side of sector averages. If US rates peak in Q1 this may provide further reason to add to equities, so for now we hold onto our pro-equity, overweight emerging markets stance. We swap Franklin Mutual Beacon for Merrill Lynch Flexible US Equity, taking some profits from Legg Mason to further add to this new position.”
Amount (E) Fund
16,000 CS Bond Lux Target Return Euro (Total return, long only)
15,000 Thames River Global Bond (Total return OECD bonds)
14,000 JO Hambro Capital Markets Continental European (Continental European blend sector driven Equity)
13,000 Mellon UG Global Bond (Global macro bonds)
12,000 Mainfirst Avant Garde (Pan-European Growth concentrated equity)
8,000 JO Hambro Capital Markets UK Growth (UK blend active)
5,000 Atlantis Japanese Opportunities(Japanese Garp equity small cap)
5,000 Legg Mason Strategic Value (US Large Cap Value)
5,000 Merrill Lynch Flexible US Equity (US Flexible Blend)
4,000 Baring High Yield Bond (High yield debt)
4,000 Thames River Global Emerging Markets (Pragmatic emerging equity)
2,000 New Star Asian Opportunities (Macro/stockpicking GARP/Growth style)
