AlzChem

Sold our position in AlzChem. The original reasoning for purchase turned out to be false and the momentum didn’t continue. This was a short term bet that didn’t work out. I think the money could be spent better or even better held as cash in the portfolio. The portfolio has quite high US/tech risk at the moment and I feel increasing the cash position isn’t a bad idea. Another option is to simply put the money to some other asset class than high valuation stocks (US tech, defence etc).