01 February 2012 at 11:59 GMT
The Global Value Equity Portfolio was up 11.9 percent in January, outperforming the MSCI Daily TR World Gross EUR, which climbed 4.2 percent. Total cumulative outperformance since inception is 4.8 percentage points.
January’s strong performance was driven by big gains in Transocean (+22.2%), CapitaLand (+21.6%) and Ternium (+22.2%)
The following stocks have entered the portfolio in January: Deutsche Lufthansa, E.ON, Lagardere, Voestalpine, A2A, Celesio, GDF Suez and Allianz.
At the end for February the portfolio has been live for 12 months and we will then begin to report some performance and risk measures.
You can read the full publication here.