Robert Burdett
“Best returns came from JOHCM UK Growth and from Schroder ISF Euro Alpha, rewarding our decision to retain this fund for now, despite the manager’s recent resignation. We are reviewing this position as part of our European sector review. Returns from US, Asia and emerging markets were poor; being nearly half weighted to the US meant we fared better. Emerging markets also held up well and we will reduce our exposure to this area in favour of the UK.”
Amount (E) Fund
15,000 Thames River Global Bond (Total return OECD bonds)
14,000 JO Hambro Capital Markets Continental European (Continental European blend sector driven Equity)
14,000 Schroder ISF European Alpha (Pan European GARP concentrated equity)
13,000 CS Bond Lux Target Return Euro (Total return, long only)
13,000 Mellon UG Global Bond (Global macro bonds)
8000 JO Hambro Capital Markets UK Growth (UK blend active)
8000 Legg Mason Strategic Value (US Large Cap Value)
5000 Atlantis Japanese Opportunities (Japanese GARP equity small cap)
4000 Baring High Yield Bond (High yield debt)
2000 Franklin Mutual Beacon (US mixed asset total return)
2000 New Star Asian Opportunities (Macro/stock-picking GARP/Growth style)
2000 Thames River Global Emerging Markets (Pragmatic emerging equity)
