Global Allocation Fund Sep

Global Allocation Fund September 2016 Commentary

Global Allocation FI is the best Spanish fund in the last 10 years (source: Morningstar).
Q3/Q4 2016 Hedge Fund Letters
Global Allocation Fund commentary for the month ended September 30, 2016.

September started without a clear direction until the bond market suffered brusquely affecting the stock market.

For a few days it seemed that the fall in the bond market was the sign that we were expecting for months: a tipping point in the interest rates. In fact, the market reacted to the increase of the . . .


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