David Bulteel
“Equity markets have emerged steadier than expected from the summer sell-off. With central banks now emphasising their willingness to help markets, the emphasis has shifted from forecasts of higher rates to worries that it is too late for rate cuts to prevent an uncomfortable slowdown. Set against these fears is the relatively firm pace of growth before the recent disruption, particularly outside the US. Furthermore, the economic impact of market crises has often been less than feared at the time. Accordingly, if central banks are successful in restoring normal liquidity conditions, any setback to growth could prove modest, allowing equities to extend recent tentative recovery.”
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 Schroder UK Alpha Plus
3,000 Merrill Lynch US Flexible Equity Fund
3,000 UBS US Equity Fund
2,000 Findlay Park US Smaller Cos
1,500 Threadneedle Asia Fund
1,500 Atlantis Japan Growth Fund
1,500 JP Morgan Emerging Markets Equity Fund
