Funds Facts: December 2022 Update – Belvoir Global Allocation Fund

12/31/2022 –

  • The stock market recovery trend did not continue throughout December.
  • The chances of an end to tighter monetary policies were firmly rejected.
  • ECB President Christine Lagarde has clearly signaled that further rate hikes are to be expected in the ECB’s next two meetings.
  • Eurozone equities remain undervalued in comparison to Swiss and US equities. In December, we increased the equity quota, and it is currently at 84%.

Read more about the Belvoir Global Allocation Fund in the current Monthly Update written by the fund manager Mauro Tempini.

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