Mechelany Advisors’ MODEL PORTFOLIO has been running in a fully transparent way since January 1st 2014. Its Purpose is to implement the conclusions of our research analytical process in a portfolio managed using institutional liquidity, diversification, risk management and asset allocation processes. In our TRANSACTION UPDATES we keep our reader informed in real time of the transactions in our MODEL PORTFOLIO
In line with our global de-risking of the portfolio, today we have reduced again our equity exposure by taking profits in the European markets and shifting to cash.
We took profits on ACCOR, INDITEX, our Spanish and UK ETFs and cut our position on BAYER as the company reported sharply negative earnings following its litigation costs related to its acquisition of Monsanto in 2018.
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