Following the Morningstar OBSR Analyst Ratings Meeting on 13th March 2014, we have upgraded the Schroder Recovery fund to a Morningstar OBSR Analyst Rating™ of Silver. The fund previously held a Bronze rating. We have growing conviction in Kevin Murphy and Nick Kirrage who have managed this fund since July 2006. They have a strong shared investment philosophy and are highly disciplined in their execution of their valuation-based strategy. This has led to a performance profile that has rewarded long-term investors and is consistent with their approach.
See the latest Morningstar OBSR fund rating news here.
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