Christian Jost

“After a relatively cumbersome October, most stockmarkets started November on a negative note. Barack Obama defeated Republican Mitt Romney in the US presidential election to win a second term, but Congress is still divided which has implications for the ‘fiscal cliff’. Despite the Greek parliament’s approval on a new austerity package, investors remain in a defensive mode. Our portfolio, which is allocated according to C-Quadrat Best Fonds Strategy, reacted by increasing the level of diversification within the riskyasset exposure.”