David Bulteel

“During the month of February markets remained nervous on the back of patchy corporate earnings/economic news flow but equities generally remained ahead of levels plumbed in mid to late January. At the fund level, Fidelity Euro Bond and Thames River Global Bond, remained resilient and the least volatile reflecting continued support for areas of "safe haven status" like government or quasi-government bonds. At the other end of the spectrum in terms of risk JP Morgan Emerging Markets was the stand-out performer on the equity fund front rising by around 5 per cent in February.”