Harald Schuell

The panel “This time we have changed some of the investment funds in order to follow a balanced strategy – 50 per cent equities and 50 per cent bonds. We have gone for some value investments instead of investing nearly everything in growth strategies, as we have done in the past, because we think that when the turnaround comes the value titles, especially the mid caps, will rebound to the same heights as the growth titles.” The investments Amount (E) - Fund 25,000 - JPMorgan Fleming International Bond

16,000 - DIT Europazins (European bonds)

11,000 - ACM Global Growth Trends (equity)

9000 - Threadneedle Euro Select (growth equity)

8000 - Aberdeen Sovereign High Yield Bond

6000 - Hypo Euro Konvergenz (high yield)

5000 - Newton Pan European (equity)

5000 - ABN Amro EM Equity

4000 - Newton American (equity)

4000 - Nordea I North American Value

4000 - Gartmore Continental European (small caps)

3000 - MSDW US Property