Gary Potter and Rob Burdett
“August saw further volatility in equity markets, but this time the currencies joined in too. This made for interesting times for Euro thinkers with the US leading the way and corresponding good returns from Findlay Park US Smaller Cos, and Thames River Global Bond which is structured to benefit from USD weakness at present and rose by 4.6 per cent during August. Our selections in Asia and the Emerging Markets could only fare well on a relative basis as the oil price fall and Russia issues hit sentiment.”
AMOUNT (E) FUND
15,000 Blackrock Absolute Alpha (UCITS III narrow long-short equity)
13,000 Invesco Sterling Bond (flexible sterling fixed income)
10,000 Findlay Park US Smaller Companies (quality value driven small and mid-cap)
10,000 Thames River High Income EUR (active top-down/bottom up E-hedged
8,000 JO Hambro Capital Management Japan (value-driven mid-cap bias)
7,000 Thames River Global Bond EUR (total return global short duration)
6,000 IVI European (Intrinsic value-driven cash flow focus)
6,000 Nevsky Global Emerging Markets Fund (directional long-only equity)
5,000 Cazenove European (business cycle relative value)
5,000 Neptune European Growth (flexible thematic stock driven)
5,000 Rensburg UK Managers' Focus (focus fund pooling four managers' best ideas)
4,000 Coupland Cardiff Japan (flexible absolute return-driven)
4,000 Veritas Asian Fund (real return Asian equity)
2,000 Old Mutual Dublin UK Select Smaller Cos (capacity limited UK small Cap top-down/bottom up)
