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By PWM Editor

Eurizon Capital

Based in: Milan, Italy

“In December we did not make any changes to the portfolio.

We were hurt by our slight underweight in equities and no exposure to corporate issuers in the fixed income part of the portfolio. In the period we got good contribution to performance from GLG Japan CoreAlpha, UBAM US Value and M&G Global Basics. Vontobel Global ex US and Vontobel US Value posted disappointing results. The bond portion of our portfolio remains invested in pure government bond funds, as we maintain our conservative approach.”

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Global Private Banking Awards 2023