From
Archive
02 September 2010
Peter Fitzgerald
Portfolio manager, Insinger de Beaufort
Based in: London UK
“We have made no changes to either our asset allocation or manager selection over the past three months. This does not, however, mean that the portfolio has not changed. It has. One could now almost view the Odey European Inc Fund as a long only equity fund rather than an allocation to alternatives. This raises our allocation to equities and reduced the exposure to alternatives. We are happy to allow this change to take place, the key is to be aware of it and deal with it.”
