Alessandro Costa

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From Fund Selection 01 October 2007

By PWM Editor

“This month we didn’t modify our portfolio. The markets suffered a lot in the last period, due to the crisis in the ABS market in US. However, as we didn’t have any ABS related funds in the portfolio, we decided to stick to our current position, waiting for a more stable scenario in the markets before doing any change. We are still monitoring the market, looking for new funds that could be included in our portfolio, especially from smaller and more specialized fund houses. Each potential change in the portfolio will derive solely from fund picking.”

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Alessandro Costa

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