Pierre Bonart
“For the new year, we keep our positive stance towards equity, supported by sustained growth, low inflation, ample global liquidity and moderate valuations. Inflation is likely to stay low, which means that central banks may not have to become restrictive. The structural forces holding down bond yields may persist and we don’t expect any significant rise in global yields. We also take benefits on our European equity investments in favour of emerging markets, which exhibit a more attractive risk return profile and favour multi-strategy hedge funds.”
Amount (E) Fund
30,000 L Multi Hedge
7,500 Legg Mason America Value
7,000 Louvre Multi Select Global Bond Fund
7,500 WP Select Growth (US Conservative Growth)
7,000 Comgest Asia
5,000 AXA World Talents
5,000 Croissance Euro Actions (Euro Growth Equities)
5,000 Louvre Multi Select Emerging Equity Fund
5,000 MLIIF World Mining Fund
5,000 MLIIF World Energy Fund
5,000 OPA Monde
5,000 Pioneer Top European Players
3,000 Fortis Convertible Bond Europe
3,000 Wanger AM New America Small Caps
