PAM Balanced comment - Sep 07 - Fund Manager Comment06 Nov 2007
Leave in May fears arrived in June with the US sub prime mortgage market causing some volatility in the international markets. Interest rate yields increased internationally due to inflation fears. Domestically the CPIX has breached the 6% upper band and is strengthening the argument for another interest rate hike in August. Prepare for some volatility.
PAM Balanced comment - Jun 07 - Fund Manager Comment03 Oct 2007
Leave in May fears arrived in June with the US sub prime mortgage market causing some volatility in the international markets. Interest rate yields increased internationally due to inflation fears. Domestically the CPIX has breached the 6% upper band and is strengthening the argument for another interest rate hike in August. Prepare for some volatility.