Dario Brandolini

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From Fund Selection 01 September 2006

By PWM Editor

“Our portfolio is fairly balanced between bond and equity. In the euro area the investment in the mid-long maturity government bonds is becoming interesting again. The disappointing performance of the equity markets in the last weeks, together with a sharp rise in volatility, led us towards a more conservative portfolio. Consequently our preferences go towards defensive funds or funds with a value approach, although some aggressive themes still remain in the portfolio with a reduced weight.”

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