Dario Brandolini
“Last month’s very positive performance of the equity markets suggests to us a more concentrated portfolio with a restricted number of themes. For the same reason we increased the investment in market neutral funds (JPM Highbridge Statistical Mkt Neutral) or with a low correlation with the equity market (CAF Dynarbitrage Volatility and JB Commodity Fund). On the bond side, we do not see many opportunities in the traditional investments. For this reason we still have a very diversified portfolio with total return bond funds (Henderson Absolute Return Bond, CS Target return), as well as convertible funds (GLG Convertible fund).”
Amount (E) Fund
12,000 JPM Highbridge Statistical Mkt Neutral EUR
6,000 Parvest Japan Quant/Jpy
6,000 CAF Dynarbitrage Volatility EUR
6,000 JB Commodity Fund B EUR
6,000 Parvest Euro Govt Bond C
6,000 MLIIF Euro Bond - EUR
6,000 HSBC Pan-Europ Govt Bond
4,000 Vitruvius European Equity
4,000 Franklin Mutual European EUR
4,000 JPM Euro Dynamic MEGACAP
4,000 IXIS Oakmark Global Value
4,000 Vitruvius Growth Opportunities
4,000 M&G Global Leaders
4,000 HENDERSON HORIZ-ABS RT FX-A2
4,000 Saint Honoré Obblig Opportunites EUR
3,000 MLIIF World Energy
3,000 CS BF (Lux) Target Return (Euro) B EUR
3,000 MLIIF US Focused Value EUR Hdg
3,000 Vitruvius US Eq.
3,000 FT M Beacon US Eq A
3,000 M&G American Fund
1,000 IXIS AMA Pacific Rim Equities
1,000 GLG Global Convertible
