David Bulteel
"During April, fears of a systemic financial collapse seemed to have been dismissed by investors, especially by equity market participants. This led to a strong bounce in the higher beta funds like Threadneedle Asia and JPM Emerging Markets, where it is hoped that underlying growth in economic and corporate terms might be most resilient, relative to the Western or Developed World. These funds both appreciated by around 10 per cent over the month. Whether these gains/levels prove sustainable is a moot point."
AMOUNT (E) FUND 15,000 Fidelity European Bond Fund 15,000 Thames River Euro Global Bond Fund 10,000 Artemis European Growth Fund 10,000 Fidelity European Equity Fund 10,000 Gartmore Continental European Equity 8,000 Schroder European Alpha Plus 5,000 Dexion Absolute Fund of Hedge Funds 5,000 Threadneedle Euro High Yield Bond Fund 3,500 Polar Capital Japan Fund 3,000 European Asset Value Fund 3,000 Merrill Lynch US Flexible Equity Fund 3,000 Schroder UK Alpha Plus 3,000 UBS US Equity Fund 2,000 Findlay Park US Smaller Cos 1,500 Atlantis Japan Growth Fund 1,500 JP Morgan Emerging Markets Equity Fund 1,500 Threadneedle Asia Fund
