11/30/2022 –

• Stock markets rally after Powell speech.
• Adjustments in the fund – first reallocations.
• Belvoir Global Allocation II Universal Fund records a plus of 2.5% in November.

On the last trading day of the month, statements made by the Chair of the Federal Reserve, Jerome Powell, caused a veritable skyrocketing on stock exchanges, particularly for battered tech stocks.

Read more about the Belvoir Global Allocation II Universal Fund in the Monthly Update, written by the fund manager Steffen Bauke.