As the proliferation of rating agencies gathers pace, with FE the latest entrant in the risk-targeted space, key UK fund selectors are undoubtedly being courted by both agencies and fund groups in need of their advocacy and business, respectively.
Morningstar OBSR has downgraded two M&G and four Schroder products with excessive team changes cited as a concern.
RSMR puts funds under microscope amid manager changes
Rayner Spencer Mills Research (RSMR) has unveiled three new services for intermediaries – all free of charge to them – including fund analysis for propositions that are less than 12-months old.
BlackRock, Threadneedle and Axa are among the managers to have had their funds upgraded by Morningstar following the latest round of ratings updates.
More than three-quarters of the global funds rated by OBSR at their latest meeting were upgraded, with four global equity funds deemed worthy of a higher rating.
S&P’s admits errors but shows the importance of ratings decisions since the financial crisis.
Legg Mason Capital Management Value fund has been dropped from OBSRs service.
Yannick Naud looks at how rating agencies outside the big three value their AAA-rated sovereigns.
Updates to Fitchs global fixed income funds criteria could mean some funds’ ratings will change.
