Hambi-managed funds fail S&P's ratings tests

Two funds managed by Bambos Hambi at Rothschild Asset Management have failed to pass the quantitative screen for a Standard & Poor's (S&P) rating in its 2001 review of managed funds. The three Friends Provident funds Hambi left to join Rothschild earlier in the year have also failed the quants screen. The Five Arrows Independent Income and Five Arrows Independent Growth funds, both under review since Hambi took them over, have subsequently lost their rations. The Friends Provident Independent Balanced, Friends Provident Independent Growth and Friends Provident Managed portfolios, which h...