Professional Wealth Managementt

By PWM Editor

“The strong equity run suits our strategy and the majority of our fund selections were on the right side of sector averages. If US rates peak in Q1 this may provide further reason to add to equities, so for now we hold onto our pro-equity, overweight emerging markets stance. We swap Franklin Mutual Beacon for Merrill Lynch Flexible US Equity, taking some profits from Legg Mason to further add to this new position.”

 

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