Graham Duce
“Earlier in the year, many investors backed the emerging market decoupling story as growth in the region remained strong despite the western downturn. More recently emerging markets as a region has underperformed as confidence in the independent growth story cooled. We now believe emerging markets offer investor value and have sold the absolute return JPM Emerging Market Alpha, which has performed well during the correction, switching to Resolution Hexam Global Emerging Markets allowing us to capture more market beta. We still believe that markets will remain volatile and a asset allocation and rotation will be vital.”
AMOUNT (E) FUND
19,000 Thames River Global Bond (total return OECD bonds)
10,000 BlueBay Investment Grade Bond (total return senior credit fund)
10,000 Mainfirst Avant Garde (pan-European growth concentrated equity)
10,000 Templeton Asian Bond Fund (Asian bond & currency fund)
9,000 Martin Currie North America Alpha
8,000 JO Hambro Capital Markets Continental European (continental European blend sector driven equity)
6,000 Melchior Select Japan Advantage
5,000 Blackrock Absoulte Alpha
5,000 Findlay Park US Smaller Cos (fundamental value small cap)
5,000 M&G European Leveraged Loan Fund (senior secured debt diversifier)
5,000 Resoultion Hexam Global Emerging Markets (actively trading emerging markets)
4,000 Thames River High Income (global credit flexible total return)
3,000 Veritas Asia
1,000 Cash
