Robert Burdett
“Risk was rewarded in the final month of the fourth year of this bull market. Our selections in Asia and the emerging markets are doing best, and home markets are benefiting from their euro denominations in the face of a weakening dollar and yen. Of particular note was the strong month for the recovering Mainfirst Avant Garde fund which rose over 6 per cent during December. In the short term we stay with our allocations as we enter 2007, but with extra vigilance given the good returns achieved in the last month.”
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)
13,000 JO Hambro Capital Markets Continental European (Continental European blend sector driven Equity)
13,000 Mellon UG Global Bond (Global macro bonds)
10,000 Mainfirst Avant Garde (Pan-European Growth concentrated equity)
8,000 JO Hambro Capital Markets UK Growth (UK blend active)
7,000 Merrill Lynch Flexible US Equity (US Flexible Blend)
5,000 JPMF Tokyo Alpha Plus (pragmatic flexible trading)
4,000 Thames River Global Emerging Markets (Pragmatic emerging equity)
4,000 Thames River High Income (Global Credit Flexible Total Return)
3,000 Findlay Park US Smaller Cos (fundamental value small cap)
2,000 Aberdeen Asia Pacific (fundamental quality multi-cap)
