Robert Burdett
“UK and European markets assisted the portfolio this month, offset by the adverse volatility in Japanese smaller companies, in particular. Certain types of bond funds did well, epitomised in our selections by the absolute thinking Credit Suisse Target Return Fund – something we expect to continue as US Treasury yield starts to rise and the ECB raises rates. Notwithstanding Japan, these moves suited our asset allocation, and we retain the current weights into March. In particular, we have confidence in the continued good performance of the two JO Hambros funds in the UK and Europe.”
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)
14,000 JO Hambro Capital Markets Continental European (Continental European blend sector driven Equity)
13,000 Mellon UG Global Bond (Global macro bonds)
12,000 Mainfirst Avant Garde (Pan-European Growth concentrated equity)
8000 JO Hambro Capital Markets UK Growth (UK blend active)
5000 Atlantis Japanese Opportunities (Japanese Garp equity small cap)
5000 Legg Mason Strategic Value (US Large Cap Value)
5000 Merrill Lynch Flexible US Equity (US Flexible Blend)
4000 Baring High Yield Bond (High yield debt)
4000 Thames River Global Emerging Markets (Pragmatic emerging equity)
2000 New Star Asian Opps (Macro/stockpicking GARP/Growth style)
