Pierre Bonart
Pierre Bonart, head of multi-management, Louvre Gestion
Based in: Paris, France
“Corporate spreads are tight. However, good corporate fundamentals should continue to favour corporate bonds versus treasuries. Our scenario of the main equity indices evolving within a tight trading range has been validated. This market may last and one should therefore be careful in investing on a trend which in our view may only occur in the fourth quarter of this year. However, according to valuation levels, equity markets have a real, although modest, appreciation potential until year-end.”
Amount (E) Fund
20,000 Louvre Multi Select Global Bond Fund
17,000 Legg Mason America Value
8250 T Multivalor
7500 Credit Suisse Asset Management Convertible Bond Europe
7500 Croissance Euro Actions (Euro growth equities)
7500 Reverse International Bond
6250 MLIIF World energy fund
5000 Capital International Fund (World equities)
5000 Nouvelle Croissance Asie (Asian ex Japan equities)
5000 Agressor - La Financiere de l'Echiquier (Small-cap value)
5000 Nouvelle Croissance Japon – Invest Asia (Small/mid cap growth)
3000 Louvre Multi Select Emerging Equity
3000 Wanger AM New America Small Caps
