Evelyn Partners MPS team increases exposure to European equities
In its latest re-balance of portfolios, Evelyn Partners' core managed portfolio service (MPS) team has increased its exposure to European equities at the expense of the UK and Japan.
It has also increased exposure to US government bonds, as it believes the yields available continue to look attractive.
It has added to a mixture of longer dated US Treasuries with currency exposure hedged back to sterling an...