RADAR remains bullish on equities

As of end of August:
– RADAR maintains overweight equities position at 88.7 per cent
– Highest sector allocation European equities at 42.1 per cent
Barclays Capital Fund Solutions, the fund management arm of Barclays Capital, maintained its bullish stance and high conviction on equities with its Research Analysis Driven (RADAR) fund allocating 88.7 per cent to equities, including 42.1 per cent to European equities alone.
The fund’s European equities position continues to heavily favor DAX futures, high dividend, metals, mining and banks. 
RADAR is a long short macro tactical asset allocation fund designed to exceed or match global equity returns in a bull market and also outperform tactical allocation funds during bear markets.
The fund, which draws on the resources of Barclays Capital’s 800-strong research team for its asset allocation decisions, has returned 20.1%  since inception (on 18^th March 2009) The fund has outperformed its benchmark, the S&P 500 by 0.2% in the last month.
Nathan Bance, Director in UK Investor Solutions at Barclays Capital, said: “Our research team continues to view European equities to be more attractive on a valuation basis, which can be seen in our overweight position in this area. They are also positive on European dividend futures.
“The Barclays Capital Research view is for a range trade environment across global risk assets but with upside potential into year-end. Key risk events such as the US mid-term elections and uncertainty over the extension of QE by the Fed are likely to inject bouts of volatility into Q4.”