Gregoire Sharma

Having benefitted YTD from our UW US Equities and OW UK and European equities, we are looking to reduce the UK and Europe equities UW vs our SAA. Within bonds we took profit on US Treasuries positions and trimmed our positions there, adding to European government bonds. We are looking to rotate our listed infra and property positions into our recently launched UCITS fund of investment trusts which continues to perform very well.

‍