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BlackRock Global Funds World Energy and BlackRock Global Funds New Energy - Under Review

FUND RESEARCH UPDATE: Fund ratings moved to Under Review

Fatima Khizou 5 November, 2015 | 4:25PM

Following the announcement that Robin Batchelor is to retire by the end of 2015, we have placed the BlackRock Global Funds (BGF) World Energy Fund and New Energy Fund Under Review. The funds held a Morningstar Analyst Rating™ of Silver and Bronze, respectively. Alastair Bishop who joined the BlackRock resources team in 2010, covering the energy sector, has been appointed as co-manager alongside Poppy Allonby who has been at the helm since 2002. We believe Batchelor brought a wealth of experience to both strategies and his impending retirement is undoubtedly a loss to the team, particularly in the current challenging environment.

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
BGF Sustainable Energy A2 USD9.91 USD0.48
BGF World Energy A215.28 USD-0.38

About Author

Fatima Khizou  is an Investment Research Analyst for Morningstar

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