Laureate BVI has outperformed the S&P 500 for the month of January by over 5%, ranking Laureate in the top 1% of Investment funds worldwide.
Online PR News – 28-February-2014 – Beverly Hills, CA – Laureate BVI reports the fund continues to rank in the upper 1% of the top performing global mutual funds.
Global equity markets have been rattled by the outlook for emerging markets, including China, while the Central Banks worldwide have indicated they will keep withdrawing its monetary stimulus.
For January the Nasdaq ended down 1.7 per cent and the S & P 500 ended down 3.56 per cent.
Laureate BVI CEO Peter Tasca says, “Given the concerns over US, Europe and China, I think most money managers are cashing out of over-weighted positions and taking a defensive stance.”
Laureate BVI issued a Sell rating on in Apple (AAPL) when the stock was trading at US$550 locking in a profit of over 100%.
In Europe, UK manufacturing output came in weaker than expected with 34% of manufacturers reporting an increase, while 21% reported a fall.
“Germany’s manufacturing sector moved up a gear at the beginning of 2014,” said Oliver Kolodseike at Markit. “The sharp rise in new work was supported by stronger demand from both domestic and foreign markets, with Asian counties the United States mentioned as sources of export growth.”
The Chinese economy has been slowing down with the USA markets looking to increase domestic manufacturing. Trade data showed a weaker than expected surplus. Things also looked bleak in India, where industrial production has slowed.
As risk factors will accumulate as the year goes on, the appropriate action for our investors will be to maintain our long positions that have been performing well. We recommend to initiate stop-loss points on all equity holdings to protect profits.
Tasca states, “We have outperformed the S & P 500 by over 5 per cent and we aim to do the same throughout the year.”
About Laureate Trust
Laureate Trust provides expert portfolio management that achieves optimal results. The proven trading strategies are based on four principles: diversification, technical analysis, trend following and risk management, which combined have the potential to profit from any economic situation. In 2013 this multiple platform strategy returned +23.01% net of all fees.
In 2014 Laureate launched a Referral Fee Programme for Advisors and Professionals that will pay 2% commission of the initial deposit and then a management fee for the life of the account. “We want our partners to benefit from every bit of success they help us generate” said Tasca.
For more information on Laureate Trust, contact Private Client Group +1-310-492-5301.