Marjolijn Breeuwer

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From Fund Selection 01 September 2005

By PWM Editor

“We continue to reduce our equity exposure to US managers and increase our allocation to Europe, Asia and emerging markets. In order to diversify our UK equity exposure, we decided to halve our investment in Jeremy Lang of Liontrust and allocate that portion to Anthony Nutt of Jupiter Income. We expect markets to be challenging over the coming period, and therefore prefer managers who have delivered consistent outperformance over a long time period. This will also reduce our small-cap exposure and increase our allocation to blue chip UK equities.”

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Marjolijn Breeuwer

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