From
Fund Selection
28 February 2012
Steffan Selbach
“We used the positive momentum in equity markets to increase the equity position to a neutral level. Additionally, a position in German bunds was integrated for a short period of time to use the volatility in the bond markets and the diversification in the portfolio. The holdings in corporate bonds as well as emerging market bonds remained virtually unchanged. The amount of liquidity was slightly decreased but remains at a high level.”
