Michael Richter
“Although oil prices are still very high and may not come back within short period of time, we are quite confident that equities, which still are relatively attractive compared to bonds, will continue to perform very well. Therefore, we leave our portfolio unchanged and remain overweight in stocks. Emerging markets should keep on delivering an especially strong performance, as these countries benefit from the generally high prices of resources.”
Amount (E) Fund
10,000 Meinl European Land (Real estate Eastern Europe)
8000 M&G Global Leaders (Equity global)
8000 Dexia Inflation Linked Bond Fund
8000 Magna Emerging Markets Equity
7000 American Express Epic Global Emerging Market Short Term Bond Fund ?-hedged
7000 BondPortfolio Preferred Securities
6000 Fidelity European Growth
6000 Spaengler Cash Trust
6000 Magna Eastern European Fund
5000 Henderson HF Global Property Fund
5000 American Express European Small & Mid Cap
4000 Henderson European Equity Market Neutral Fund
4000 Dexia Credit Arbitrage
4000 Janus Risk Managed Core Fund (US equity)
4000 AXA Rosenberg Japan Equity Alpha
4000 Pioneer US Mid Cap Value EUR
4000 American Express Epic Global High Yield Euro
