Standard Life SICAV Global Absolute Return Strategies (GARS) - Under Review

FUND RESEARCH UPDATE: Fund placed Under Review.

Ruli Viljoen 19 July, 2013 | 2:39PM
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Following the news that Euan Munro, Director of Multi-Asset Investing and Fixed Income at Standard Life Investments (SLI), is to leave the group, we have moved the Morningstar OBSR Analyst Rating™ on Standard Life SICAV Global Absolute Return Strategies (GARS) to Under Review.  The fund previously held a Bronze Rating.  We acknowledge the continuity offered by Guy Stern, the experienced Head of Multi-Asset Management who has been appointed to SLI’s Board as Head of Multi-Asset & Macro Investing, and the large, broad team that will still input to the portfolio.  Nevertheless, Mr Munro was a key architect of the product and we have changed the fund’s Rating while we review the impact of his departure.

To see all the latest fund rating news click 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
Rating
abrdnII- Gb Ab Rt Str A Acc EUR  

About Author

Ruli Viljoen

Ruli Viljoen  is Head of Manager Selection, Morningstar UK

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