Staying clear of equities

Concerned that your portfolio may be too heavily linked to equity markets? Then take a look at Partners Asset Managements fixed income hedge fund. In London, manager Paul Brain argues the Stellar High Yield Hedge Fund would make a solid component of any fund of fund portfolio.

He says: 'There is an awful lot of equity-linked hedge fund strategies such as long/short; distressed debt; and merger arbitrage whereas this fund is designed to have a low correlation to equities.'

In addition, he argues m