From
Fund Selection
29 March 2012
Steffan Selbach
“The equity position was slightly decreased in the middle of February as markets showed signs of exhaustion. The fixed income segment remained nearly unchanged. Here we still focus on higher yielding assets like corporate or emerging market bonds which benefit from a low interest rate environment in the industrialised countries as well as from an increasing risk appetite. The amount of liquidity remains at a hight level and was slightly decreased during the past months.”
