Old Mutual Europe (ex UK) Smaller Companies - Bronze

FUND RESEARCH UPDATE: New Morningstar Analyst Rating of Bronze

Samuel Meakin 6 June, 2016 | 6:49AM
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Following a recent Morningstar Analyst Ratings meeting, we have initiated coverage of the Old Mutual Europe (ex UK) Smaller Companies fund with a Morningstar Analyst Rating™ of Bronze. The fund is managed by experienced manager Ian Ormiston, who has over 20 years’ experience in European equities. Although this fund was only launched in November 2014, Ormiston managed the Ignis European Smaller Companies fund, using the same investment philosophy, from 2007 to 2014, outperforming the index and peer group average over this time. The manager seeks to identify company-specific catalysts that will unlock value, preferring to invest once a company has reached profitability and is expanding sales growth. We believe that Ormiston has demonstrated consistency in the application of his investment approach and a sensible balance to portfolio construction.

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
Jupiter Europe (ex UK) SmlComs I GBP Acc  

About Author

Samuel Meakin  is a fund analyst for Morningstar

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