Professional Wealth Managementt

By PWM Editor

“Overall we carried out three major changes to our portfolio allocation from September. We reacted to the weakening of the yen in comparison with the euro and replaced Vitruvius Japanese Equity JPY with the hedged share class of VCH Japanese Opportunities. Furthermore, we consider Threadneedle American Select Fund to be a sustainable long-term investment in the US and therefore preferred this fund to SGAM US Relative Value. Finally, we substituted MPC Competence Europa Methodik AMI with JPMorgan Europe Strategic Growth, because we believe that the European growth story can continue.”

 

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