Schroder ISF Global Bond: Qual. Rating Issued

We don't think the changes at Schroder Global Bond are cause for alarm, but it’s too soon to say if the fund will be a standout.

Alexander Prineas 25 January, 2010 | 11:43AM
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We have published a new Morningstar Qualitative Rating and Research Report for Schroder ISF Global Bond.

"Comanager Nick Gartside took sole control of this offering in Sept. 2008 when former manager Bob Michele departed the firm. Michele was involved in forming Schroders’ macro views for the fixed-income teams at large. Gartside has 12 years’ investment experience and is head of global fixed income at Schroders with responsibility for a number of global mandates. He is backed by Schroders’ wellresourced fixed-income team, which helps considerably with forming top-down views. But ultimately, more responsibility now rests with Gartside than under the previous structure. We thin

k he is capable and is developing a good track record, but he only began running global bond money in 2007 so we retain some caution for now. . . ."

The full four page pdf report can be accessed here. It is free to users of Morningstar.co.uk.

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
Schroder ISF Global Bond A Acc USD10.95 USD0.06Rating

About Author

Alexander Prineas  is an associate director of manager research for Morningstar Australasia.

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