David Bulteel
“Following the sharp setback in equity markets during early summer, most regions have experienced a gradual recovery to regain much of the lost ground. Earlier concerns about inflation and rising interest rates have been replaced by a belief that a gradual slowdown in economic growth and inflation will be achieved, without the world tipping into recession. Bond markets have also rallied but seem unlikely to improve much further without weaker economic data. Equity valuations remain attractive relative to bonds.”
Amount (E) Fund
15,000 Fidelity European Bond
15,000 Thames River Euro Global Bond
10,000 Artemis European Growth
10,000 Fidelity European Equity
10,000 Gartmore Continental Euro Eq
8,000 Schroder European Alpha Plus
5,000 Dexion Absolute FoHF
5,000 Threadneedle Euro Hi Yld Bond
3,500 Polar Capital Japan
3,000 European Asset Value
3,000 Lazard UK Alpha
3,000 ML US Flexible Equity
3,000 UBS US Equity
2,000 Findlay Park US Smaller Cos
1,500 Aberdeen Asia Pacific
1,500 Atlantis Japan Growth
1,500 JP Morgan EM Equity
