Blackrock BGF Euro Bond: Qual. Rating Issued

We think BlackRock Euro Bond does what a bond fund should do, and does it well.

Alexander Prineas 27 May, 2010 | 11:15AM
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We have published a new Morningstar Qualitative Rating and Research Report for Blackrock Global Funds Euro Bond.

"One of its strengths is manager Michael Krautzberger, who took over here in Oct. 2005. His experience is particularly relevant for this fund: He has managed global fixed-income portfolios before and is used to working as part of a large fixed-income team, having worked for DWS and Union Investment. He has also shown a reasonable length of tenure at previous employers, which adds to our confidence. Krautzberger is backed by BlackRock’s large and well-resourced bond team, which includes around 10 European credit analysts. The manager is able to draw not only on these analysts but also on BlackRock’s global fixed-income teams--a resource he uses to good effect. . . ."

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
BGF Euro Bond A117.98 EUR0.40Rating

About Author

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

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