Professional Wealth Managementt

By PWM Editor

“Entering the new year, our portfolio still stands near its maximum level of investment in equity (60 per cent) due to both fundamental and sentiment/liquidity factors. On the fixed income side, we drastically reduced our interest rate sensitive position after the euro rate hit its lowest ever. On the equity side, we switched a part of the portfolio to US equity, mainly from European oil companies, hurt by a declining dollar. Going forward, we intend to keep or equity holdings next to their maximum.”

 

Already registered? Sign in here to access content now.

 

To read PWM content for free, register now by completing a short form.

 

Registered users benefit from:

  • Full access to all articles, videos and podcasts
  • E-newsletters featuring the latest content
  • Coverage of the latest opportunities, challenges, game-changing regulations and competing markets
  • Bespoke PWM research: sub-advisory, asset allocation, Global Private Banking Awards, Wealth Tech Awards