Alessandro Costa

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From Fund Selection 01 February 2007

By PWM Editor

“Global equities rallied further in December, increasing by almost 3 per cent on average. In particular, the year ends with an average equity performance over 16 per cent with a strong return coming up from European and Emerging markets. We continue to believe that equity valuations are appropriate for further upside. In December we didn’t change the fund selection or asset allocations, our portfolio remain overweight on equities relative to the bonds.”

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Alessandro Costa

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