Where I’ll focus my equity portfolio in 2012

Equities took a battering last year, but they still have their place in your portfolio. Bengt Saelensminde explains his strategy for investing in shares, and where he'll be putting his money in the year to come.

This is the third part in my mini-series on asset allocation. (For the first two parts, see: Five good reasons to hold cash and Why I'm fanatical about corporate bonds.)

You may have been surprised to see me advocating a 50% weighting between cash and bonds. After all, they're not exactly a sexy area of the market.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.