Professional Wealth Managementt

By PWM Editor

“Our balanced portfolio keeps favouring the equity market over the fixed income, and Europe over the rest of the world. The one theme still enhanced in the asset allocation is the natural resources area, with a forte on energy. Outside the sector funds, Carmignac also massively overweights energy and finds growth at a reasonable price in European countries, mid- and large-caps, regardless of country or sector weights in the benchmark. The other European stock-picker in the portfolio, Franklin, finds value in under-researched stocks.”

 

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