Baring Eastern Europe - Neutral

FUND RESEARCH UPDATE: Fund rating downgraded to Neutral

Jeremy Beckwith 19 June, 2015 | 7:14AM
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Following the Morningstar Analyst Ratings Meeting on 12th June 2015, we have moved the Baring Eastern Europe fund to a Morningstar Analyst Rating™ of Neutral. The fund previously held a Bronze rating. There have been some changes to the process instigated by the new Head of Equities, Jean-Louis Scandella. The team no longer produce a country score and at the stock level there are now three main factors considered– Quality, Growth and Upside. In addition, there is a longer-term orientation, and the team has been encouraged to show more conviction in their portfolios. Although the changes to the investment process appear promising, we do not yet have evidence that the strategy can be implemented effectively. We believe a Neutral rating is appropriate at the current time.

See the latest Morningstar 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
Barings Eastern Europe A EUR Inc40.15 EUR-0.22

About Author

Jeremy Beckwith  is Director of Manager Research for Morningstar UK

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