Robert Burdett

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From Fund Selection 01 September 2005

By PWM Editor

“Risk remained in favour in July, with Asia, the emerging markets and high beta areas such as tech and biotech leading. Currency became less of an issue for Euro-based investors. We are inclined to run with our more bullish managers in the short term – Legg Mason in the US, Atlantis in Japan, JO Hambro in the UK. New manager of Schroder ISF Euro Alpha Gary Clarke takes over in Q4. We are currently reviewing this position against other possible investments.”

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