Alessandro Costa
“While lower bond yields seem to suggest that inflationary concerns are receding and that the economy is slowing, stronger equity prices suggest that economic growth remains at least reasonably healthy. Our view is that economic growth is slowing, driven by the slowdown in housing price, but the overall economy remains fundamentally healthy. In September we didn’t change the fund selection or asset allocation and our portfolio remains overweight in equities relative to bonds.”
Amount (E) Fund
8,000 Nordea European Value
7,000 Axa Optimal Income
7,000 DWS Forex Strategy
6,000 Vontobel Global Value
6,000 GLG Capital Appreciation
6,000 Invesco GT Global Bond
6,000 M&G UK Recovery
6,000 Mellon Global Bond
4,000 CA Funds Arbitrage Var4
4,000 DWS Alpha Rent Global
4,000 Fidelity European Aggressive
4,000 Fortis Absolute Return
4,000 ING Global High Dividend
4,000 SISF European Alpha
3,000 Franklin Mutual Beacon
3,000 Legg Mason US Value
3,000 M&G Global Basics
3,000 Nordea NA Value
3,000 Parvest US SMALL CAP
3,000 UBAM US Value
2,000 JPMF Japan Equity
2,000 Pictet Global EM
2,000 UOB-Kinetics Paradigm
0 Parvest Euro Advantage
