Royal London Corporate Bond - Silver

FUND RESEARCH UPDATE: Fund rating moved to Silver

Ashis Dash 9 October, 2015 | 7:12AM

Following a recent Morningstar Analyst Ratings meeting, we have moved the Royal London Corporate Bond fund to a Morningstar Analyst Rating™ of Silver. The fund’s rating was previously Under Review following the announcement that manager Sajiv Vaid would be leaving Royal London Asset Management (RLAM). Jonathan Platt, the co-manager of the fund and head of fixed income at RLAM, has taken over sole managerial responsibility in May 2015. Platt joined RLAM in 1985 and has been instrumental in developing RLAM’s fixed income expertise and shaping the fund’s investment approach. While we view Vaid’s departure as a significant loss, the continuity to the investment process provided by a seasoned manager in Platt and the support he receives from a close-knit fixed income team at RLAM continue to drive our positive view on the fund.

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.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Royal London Corporate Bond A Inc103.30 GBP0.19

About Author

Ashis Dash  is a Morningstar Fund Analyst

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