Claudio Barberis

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From Fund Selection 01 June 2009

By PWM Editor

“In May we are reducing our equity exposure, following a strong global rally. We think that equity markets will still show high volatility and earnings uncertainty due to a long and complex global rebalancing process. We sold our GLG Performance fund and added the Deka Euro RentenPlus. We keep our defensive positions in high dividend equity portfolios and commodity related stocks.”

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Claudio Barberis

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