YTD +4.26% vs VWRP +9.81% and VLS 40% eq +3.26%

reduced / took part profits from LQQS... added a lot of RICA and some PSH, reduced HGT and sliced from CLDN, Gilt and AGT

1.9% Cash
-8.3% Mortgage 1% nov/26
3.3% NS IL certs
5.8% Gilts / Index linked
1.9% Brevan H Macro BHMG
7.3% Caledonia CLDN
14.1% Capital Gearing CGT
2.2% Hansa HANA
1.2% Personal Assets PNL
8.3% RIT Capital RCP
9.8% Ruffer RICA
0.0% Property IHR / TRY
7.3% EGL, 3IN, PINT
54.9%

2.2% BERI
1.6% GCL
2.3% Blackrock latin BRLA
2.5% Fidelity Asia FAS
0.9% Fidelity China FCSS
2.4% JMG / EEM
2.7% AVI Global AGT
2.7% Foreign and Colonial FCIT
3.4% Pershing Sq PSH
2.1% Herald HRI
2.3% SMT
3.9% Harborvest HVPE
0.9% HGT
3.2% CTPE
2.9% Oakley OCI
1.9% ASX
3.7% North Atlantic Sm NAS
-11.0% LQQS Short 3x NASDAQ
0.0%
30.4%

Sold 40% of my ULVR holding on the back of todays good news and will go back in at 4100p in the future if it ever drops.

Added to LGEN, INPP, and Vanguard Sterling MMF in the meantime to incrase dividend yield on that cash. Both shares are looking good value with solid dividends.

When the FSF transaction goes through in Q3 weighing up BRWM which is looking at a reasonable price (with some discount still and good yield), a bit more INPP w, and some JEGI as I am light in EU still.

Over the next few months will also be looking to rotate some profit out of SSE when it hits 1900p if there are suitable alternatives to migrate the cash into.

Overall goals are still for a mix of roughly 25% global equity, 25% EU and UK equities, 25% energy/utilities, 25% infrastructure and REITS so everything heading in that direction.

£4K of new money into FTSE Global All Cap.

Added some SGLN.

Thinking of adding some PSH after this fall which looks a tad overdone ,I think UMG will do well with the passage of time .
Transferred a sizable smaller pension to my AJ Bell SIPP mostly to simplify things on my demise ,anyone think that PSH will not recover from this fall?