Michael Richter
“Higher growth rates in emerging markets in contrast to the developed countries and the, in our view more, favourable valuations in Europe means we remain overweight in these regions. “However, economic data show that the US economy is still growing strongly. The weakness of the dollar against the euro should help US exporters. We do not see a major change in US trade policy so we expect the dollar to remain weak.”
Amount (E) Fund
12,000 American Express Epic Emerging Market Liquidity
10,000 Meinl European Land (Real estate Eastern Europe)
8000 M&G Global Leaders (equity global)
8000 Dexia Inflation Linked Bond Fund
8000 Fidelity European Growth
8000 Magna Emerging Markets Equity
7000 Invesco GT Global Corporate Bond Fund (investment grade)
6000 Invesco Extra Income (global corporate bonds, focus BB rating)
6000 Magna Eastern Europe Fund (equity Eastern Europe)
5000 American Express European Small & Mid Cap
5000 Nordea I North America Value
5000 Aberdeen Sovereign High Yield Bond (emerging markets bonds)
4000 AXA Rosenberg Japan Equity
4000 Pioneer Us Mid Cap Value EUR
4000 American Express Epic Global High Yield Euro
