Square Mile analysts argued that the fund’s rating should stand given co-manager Brian Hall will remain on the investment vehicle, thereby maintaining a “level of continuity”.
The analysts said they were reassured by Stuart Brown joining the fund as co-manager in Hall’s soon-to-be absence.
Brown joined BlackRock in July as portfolio manager for European equities and according to Square Mile, “the analysts know Brown well, having previously managed the abrdn Europe ex-UK Income equity strategy which was rated by Square Mile prior to his departure”.
Boutique Havelock retains spot as …
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