US star ratings adopted

Professional Adviser
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Morningstar UK users will soon be able to search for funds using criteria such as the length of ti...

Morningstar UK users will soon be able to search for funds using criteria such as the length of time the fund manager has been managing a specific trust, writes Robert Stock. The US ratings agency is also allowing visitors the choice of reviewing funds through its own-defined sectors, or the more mainstream Autif sectors. The website, at www.morningstar.co.uk, went live in March, bringing a specially tailored form of the US star rating system to the UK. The system assigns funds a rating between five stars for the top 10% of funds in any one Morningstar-generated category, to one star ...

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