Alessandro Costa

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From Fund Selection 01 February 2008

By PWM Editor

“In the last couple of months, we have made some changes to our portfolio. We removed two funds – DWS Alpha Rent and Invesco Global Bond – and inserted a new fund, DWS TR Bond. We also increased the weight of Mellon Global Bond fund. Despite the changes, the asset allocation of the portfolio hasn’t varied. Equity market is still quite volatile, so we prefer to maintain our actual position, waiting for a clearer scenario. Nevertheless, we are always monitoring the market, looking for new funds that could be included in our portfolio. Each potential change in the portfolio will derive solely from fund picking.”

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Alessandro Costa

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