Robert Burdett

“We believe the resignation of Peter Chambers as CIO of Gartmore will have little short-term effect on the emerging markets fund we hold. Since last month we have seen greater responsibilities for Patrick Degorce, manager of the Merrill Lynch EuroMarkets fund, after a reshuffle of their European team. Good news for him but we need to ensure the extra mandates are not a distraction – which Patrick will work very hard to avoid.”

Amount (E) - Fund 13,000 - Investec Select Global Bond (blend quality corporates) 12,000 - Credit Suisse Bond Euro (euro quality debt) 12,000 - Mellon UG Global Bond (global macro bonds) 10,000 - Baring High Yield Bond (high yield debt) 10,000 - Merrill Lynch EuroMarkets (fundamental quality pan-European equity) 10,000 - Schroder ISF European Alpha (European ex-UK equity) 7000 - Lazard UK Equity (UK core active) 6000 - Legg Mason Strategic Value (US large cap value) 5000 - BDT Invest Asia (Asia equity absolute style) 4000 - GAM Star America Focus (US large cap blend) 4000 - Gartmore CSF Emerging Markets (growth emerging equity) 4000 - Polar Capital Japan (Japanese Garp equity) 3000 - Nordea American Value (US equity mid and small cap value total return)