Threadneedle rated AA

Threadneedle's recently launched Strategic Bond fund has received an AA (new) rating from Standard & Poor's, reflecting its belief that the credit team running it is one of the best in the City. New Star's UK Growth fund, managed by Alan Miller, has been given an A (new) rating, as has the First State Health and Biotechnology fund managed by Joe Anderson. The (new) affix to the Standard & Poor's rating indicates that a fund, though newly launched, has a tried management team. A (new) rated fund is then monitored closely for a year when it has the chance to earn a full rating. Of the ...