Peter Fitzgerald
“We made no changes to the asset allocation which is 45 per cent equities, 45 per cent alternatives and 10 per cent fixed income. We will use any equity correction to simply rebalance the portfolio to this allocation. We are also satisfied that our managers are delivering good returns despite the turbulent markets and have made no manager changes in the past month. We do not have a crystal ball so it is rather difficult to predict what the immediate future will bring, however we do not believe the current correction (which could be more severe than many are predicting) heralds the beginning of a bear market.”
Amount (E) Fund
10,000 ARS - Directional Managers
10,000 ARS - Market Neutral
10,000 Artemis European Growth
10,000 IdB Equity Income
7,500 Advent Global Convertibles Securities Strategy
7,500 IdB Alchemy N.V.
5,000 ABN AMRO Europe Bond
5,000 JPM Highbridge Statistical Mkt Neutral
5,000 Pimco Total Return
4,500 AXA-Rosenberg US Equity Alpha
4,000 Henderson Pan European Smaller Companies
4,500 Invesco Perpetual High Income
4,000 IdB Real Estate Equity
3,000 JPM Emerging Markets Alpha Plus
3,000 Schroder Tokyo
2,000 Aberdeen Asia Pacific
2,000 Cambrian
2,000 First State Asia Pacific Leaders
1,000 Genus 15
