Schroder ISF Euro Corp Bond: Qual. Rating Updated

We have increased confidence in the team and process at Schroder ISF Euro Corporate Bond, but we still don’t have a high degree of conviction here.

Alexander Prineas 17 June, 2010 | 5:13PM
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We have published a new Morningstar Qualitative Rating and Research Report for Schroder ISF Euro Corporate Bond.

"This fund isn’t without its good features. We like manager Adam Cordery, who took the helm at this fund in 2006. His experience in fixed-income asset management and prior career as an economist bring diversified and relevant experience that make for a well-rounded fund manager. He also has access to Schroders’ well-resourced team of analysts who carry out bottom-up research covering a larger proportion of global fixed-income markets than many competitors. The team experienced a number of changes in 2008, including the departure of former head of the team Bob Michele and an overhaul of the team’s process, but things have since settled down. Cordery has gained increased independence in implementing his own macro views on the fund under new global head of fixed income Karl Dasher—something that Michele had largely controlled before. . . ."

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
Schroder ISF EURO Corp Bd A Acc EUR23.75 EUR0.39Rating

About Author

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

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