- Contrary to the expectations of many market participants, January showed distinctly positive market developments.
- Targeted adjustments were made to the fund to generate alpha.
- The Belvoir Global Allocation II Universal Fund recorded a rise of 5.4% in January.
At the end of January, the fund’s equity ratio was around 62.2% net, after hedging.
Read more about the Belvoir Global Allocation II Universal Fund in the Monthly Update, written by the fund manager Steffen Bauke.