David Bulteel

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From Fund Selection 01 June 2009

By PWM Editor

“Markets continued to rebound strongly in April with emerging market and Asian funds showing strongly. Another success was Schroder UK Alpha Plus which was up by around 25 per cent in euro terms, having been active in banks and one or two other cyclical areas. The only subdued return came from the TR global bond which delivered around -0.5 per cent in euros, as investors shied away from government bonds on the view that future issuance would be high and economic news was less bleak than expected.”

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