Christian Jost
“Most of the major international stockmarkets have been on the weaker side since beginning of April on the back of weaker economic data, from the US and China as well as the Eurozone. The euro sovereign debt crisis has come into the focus again. Investors’ confidence remains weak because of the uncertainty of the implications on the European debt resolution of Francois Hollande’s victory in France and an inconclusive Greek election. Our portfolio, which is allocated according to C-Quadrat Best Fonds Strategy, reacted to this market environment with an increase in its fixed income exposure.”