Robert Burdett
“Risk was again rewarded in February with bonds underperforming equities, and higher beta markets excelling. The exception was technology, which meant Legg Mason continued its hangover after last year’s Q4 sprint to the line. In February our overweight in equities was increased, and within this favouring Japan and Asia paid off. But Europe was our best area both for absolute returns and for the peer group ranking of our fund selections.”
Amount (E) Fund
15,000 Thames River Global Bond (total return OECD bonds)
14,000 Schroder ISF European Alpha(pan European GARP)
14,000 Jo Hambro Capital Management Continental European (European Blend sector driven equity)
13,000 Mellon UG Global Bond (global macro bonds)
13,000 Credit Suisse Bond Lux Target Return Euro (total return, long only)
5000 JO Hambro Capital Management UK Growth (UK blend active)
5000 Franklin Mutual Beacon (mixed asset, mixed approach, total return)
5000 Atlantis Japanese Opportunities (Japanese Garp equity small cap)
4000 Thames River Global Emerging Markets (pragmatic emerging equity
4000 Baring High Yield Bond (high yield debt)
4000 Legg Mason Strategic Value (US large cap value)
4000 New Star Asian Opportunities (macro/stockpicking GARP/Growth style
