Model portfolio

By Stefan Isaacs
Brazilian supermodel Gisele Bundchen, the world’s richest model according to Forbes magazine, shares our view that the dollar’s yet to bottom out. She is insisting upon being paid in pretty much any currency other than the dollar.

According to Veja, Brazil’s biggest weekly magazine, Gisele demanded to be paid in euros when she signed a contract in August to represent Pantene hair products for Procter & Gamble. She’ll also get euros for the deal she reached last October with Dolce & Gabbana in Milan to promote the Italian designer’s new fragrance.

The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.

Stefan Isaacs

Job Title: Deputy CIO Public Fixed Income

Specialist Subjects: Bonds

Likes: Football, travel and the prospect of retirement

Heroes: Sir David Attenborough, Bill Shankly and Theodor Herzl

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