Schroder UK Opportunities Rated Neutral

FUND RESEARCH UPDATE: Having previously placed the funds under review, Morningstar analysts now rate the Schroder UK opportunities funds as Neutral

Jeremy Beckwith 7 April, 2015 | 10:24AM
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Morningstar analysts have issued Neutral ratings on the Schroder UK Opportunities and Schroder ISF UK Opportunities funds. Both funds' ratings were previously Under Review following to a change in management. Matt Hudson assumed responsibility for these funds in September 2014 when Julie Dean left Schroders. Prior to the management change, both funds were rated Silver by Morningstar analysts.

Hudson is running the opportunities strategy alongside the equity income strategy he has run successfully since 2005. He is an experienced portfolio manager with over 15 years' investment experience. The investment process continues to combine a strong macroeconomic view with bottom-up stock selection. We have high regard for Hudson's ability as an equity income fund manager. However, we have limited evidence of his ability to run this unconstrained mandate and so the fund is rated Neutral at this time.

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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 UK Opportunities A Acc4.11 GBP0.62Rating

About Author

Jeremy Beckwith  is Director of Manager Research for Morningstar UK