Dario Brandolini

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From Fund Selection 01 March 2007

By PWM Editor

“Our portfolio is fairly balanced between bond and equity. The disappointing returns of the euro government bonds drove us to a wider diversification within the bond portfolio. For this reason on one side we invested in bond funds with a total return approach, and on the other side we invested in bond markets outside the euro area, such as as the Sterling area or the ABS market. The equity component of the portfolio is invested in a wide range of themes and fund styles, from property in Asia to renewable energy. Our preferences go towards global themes with a moderate overweight on Europe.”

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