Schroder Recovery - Silver

FUND RESEARCH UPDATE: Fund rating upgraded to Silver

Ruli Viljoen 31 March, 2014 | 12:51AM
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Following the Morningstar OBSR Analyst Ratings Meeting on 13th March 2014, we have upgraded the Schroder Recovery fund to a Morningstar OBSR Analyst Rating™ of Silver. The fund previously held a Bronze rating. We have growing conviction in Kevin Murphy and Nick Kirrage who have managed this fund since July 2006. They have a strong shared investment philosophy and are highly disciplined in their execution of their valuation-based strategy. This has led to a performance profile that has rewarded long-term investors and is consistent with their approach.

See the latest Morningstar OBSR fund rating news here.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Schroder Recovery A Acc268.21 GBP0.45Rating

About Author

Ruli Viljoen

Ruli Viljoen  is Head of Manager Selection, Morningstar UK

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