Minerva Investment Management Society

Fund Update · Multi Asset Global Opportunities Fund

Multi Asset Global Opportunities - December 2023

· Portfolio Management · Multi Asset Global Opportunities Fund

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Summary

The ultimate goal of this Fund is to achieve long-term growth whilst controlling volatility. To that end, this portfolio comprises a multitude of highly diversified securities with the possibility, in exceptional cases, to take short-term speculative positions. To ensure high diversification, the Fund is spread across geographies, industries, and asset classes, and is built through stock picking, based on fundamental analysis and macroeconomic views.

Last semester the fund achieved a positive performance (+3.42%), mainly due to the bond allocation of the portfolio, thanks to the compression of spreads and the reduction in longer-end yields. This semester, considering that the scenario has remained almost unchanged, we hold our view for a conservative approach.

Authors

  • Francesco SorbonePortfolio Manager
  • Giuseppe PalermoPortfolio Analyst
  • Federico TitaPortfolio Analyst
  • Luca DelorenziPortfolio Analyst
  • Jacopo PrevedelloHead of Asset Management
  • Matteo ConsalvoHead of Portfolio Management

Details

Published
28 December 2023
Division
Portfolio Management
Fund
Multi Asset Global Opportunities Fund
Type
Fund Update
Pages
11
Authors
6

Cite this report

Minerva Investment Management Society (2023). Multi Asset Global Opportunities - December 2023. Portfolio Management. https://minervaims.org/archive/multi-asset-global-opportunities-december-2023

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