Asian equities and a change in market sentiment
Over the past few months, markets around the world have witnessed value stocks outperform growth...
FundCalibre has awarded five new funds the Elite Rating, and a further two have been added to its Elite Radar watch list.
However, due to a fund manager move, one fund has also lost its Elite status.
Commenting on the buy-out, Darius McDermott, managing director of FundCalibre, said: “The 18 staff from Livingbridge have transferred together to Gresham House. I met with Ken Wotton, manager of the two funds, last week and he seems very happy with the move and excited about the future.
“As the only change is to the fund names – the investment team and process remain unchanged – we are happy to retain the ratings for both funds.”