Schroder ISF Global Property Securities - Under Review

FUND RESEARCH UPDATE: Fund rating moved to Under Review

Ruli Viljoen 3 July, 2014 | 4:09PM
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Following the announcement by Schroders in July 2014 that the Schroder ISF Global Property Securities fund will be managed by an in-house property securities team from 15th August 2014, we have placed the fund's Morningstar OBSR Analyst Rating™ Under Review. The fund previously held a Bronze rating. The fund has been managed since launch in 2005 on an outsourced basis by Jim Rehlaender, a principal at European Investors Inc. (EII), a specialist property investment firm with offices in New York, Amsterdam, Munich and Singapore.  While EII will remain involved in some separate accounts, they will no longer be the sub-advisers of this fund. The firm has hired Tom Walker and Hugo Machin from AMP Capital to head the new in-house team and a further two analysts are expected to join them. Messrs Walker and Machin were the London-based members of the team responsible for the AMP Capital Global Property Securities fund. We will meet with the new managers in due course to discuss their plans for the fund.

See the latest Morningstar OBSR fund rating news here.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Schroder ISF Global Cities A Acc USD168.53 USD-0.15Rating

About Author

Ruli Viljoen

Ruli Viljoen  is Head of Manager Selection, Morningstar UK

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