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By PWM Editor

executive director and chief investment officer, C-Quadrat Kapitalanlage AG

Based in: Frankfurt am Main, Germany

“Most of the major international stock markets started the new year on a positive note and managed to keep up the momentum until the end of January. European equities in particular benefited from the encouraging news flow regarding the peripheral states. Portugal, for example, succeeded in raising E1.25bn during its bond auction. Our portfolio, which is allocated according to C-Quadrat Best Fonds Strategy, reacted to this market environment by increasing its exposure to European equities and high yield bonds.”

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