Nevsky Eastern European - Under Review

FUND RESEARCH UPDATE: Fund rating moved to Under Review

Ruli Viljoen 1 April, 2014 | 2:56PM
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Following a change in management of the Nevsky Eastern European fund, we have moved the fund’s Morningstar OBSR Analyst Rating™ to Under Review. The fund previously held a Silver Rating. Nevsky Capital has announced its resignation as investment manager of the fund resulting in Martin Taylor and Nick Barnes stepping down as managers with effect from 30 April 2014. The new manager is the F&C Eastern European team, led by Gareth Morgan, along with Kristof Bulkai and Claire Franklin. The fund’s focus on Eastern Europe remains the same, but the new management team will follow F&C’s investment approach. We will be meeting with the new management team in due course to discuss the new structure and their specific plans for the fund.

See the latest Morningstar OBSR fund rating news here.

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About Author

Ruli Viljoen

Ruli Viljoen  is Head of Manager Selection, Morningstar UK

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