We have published a new Morningstar Qualitative Rating and Research Report for Schroder ISF European Equity Alpha.
"Manager Gary Clarke has resigned from Schroders to join JP Morgan and Jamie Lowry has taken over this fund with immediate effect. Our high opinion of the fund has been shaken by Clarke’s departure, particularly as he has been replaced by a manager who will be running money for the first time. We thought highly of Clarke and had a high degree of confidence in his abilities to drive this fund ahead of competition over the long-run. It had earned our Superior rating but we are now placing this Under Review until we have further clarity on Lowry’s plans for the fund."
The full four-page PDF report can be accessed here. It is free to users of morningstar.co.uk.
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