Robert Burdett

“Risk continued to be rewarded in January with higher beta markets in Asia and sectors like technology running strongly which suited out geographic bias. Similarly, equities made money while bonds fared less well, suiting our split of allocations, further aided by a strong performance within bonds from Credit Suisse Target Return. After a another strong month, we have chosen to return our equity bond split to neutral 50:50, trimming the Blackrock MLIF US Flexible fund and adding to the aforementioned Credit Suisse Target Return on account of its total return objective.”