Old Mutual UK Smaller Companies Focus - Neutral

FUND RESEARCH UPDATE: Fund rating moved to Neutral

Simon Dorricott 1 December, 2015 | 7:45AM
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Following a recent Morningstar Analyst Ratings Meeting, we have moved the Old Mutual UK Smaller Companies Focus fund to a Morningstar Analyst Rating™ of Neutral. The fund was previously Under Review following the announcement that from January 2016 the lead manager would change. From that date the fund will be managed by Nick Williamson, who takes over from team head Dan Nickols. Nickols will remain as co-manager, but decision-making on the fund will be the sole responsibility of Williamson. He has a high level of experience as an analyst and has been part of this successful team since 2008, however, he lacks experience as a lead portfolio manager. We will therefore wait to see evidence of how he constructs the portfolio and uses the resources available to him before awarding a positive rating.

See the latest Morningstar fund rating news here.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Jupiter UK Sml Coms Focus L GBP Inc14.33 GBP1.14Rating

About Author

Simon Dorricott  is a Senior Fund Analyst for Morningstar

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