The Rathbone Income fund has been awarded AA status by Standard & Poor's for the first time. The p...
The Rathbone Income fund has been awarded AA status by Standard & Poor's for the first time. The portfolio, managed by Carl Stick, had been placed under review after Stick took over Rathbone Special Situations following the departure of Patrick Evershed to New Star in February. Concerned Stick might be overstretched in running four funds, S&P placed the Income, Smaller Companies, Income & Growth and Special Situations funds under review. In the meantime, management of Income & Growth passed to Rathbones' chief investment officer, Julian Chillingworth, lightening the load on Stick. ...
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