Credit Suisse US unit trust rating review

Standard & Poor's Fund Research is to review the frAAA rating on the Credit Suisse Transatlantic unit trust now that manager James Abate is to depart. A spokesman for Fund Research said it would be interviewing the new manager Susan Everly when she came to the UK to meet intermediaries. Everly, who has been Abate's deputy on the New York-based fund for two years will be taking over the unit trust in the next few weeks. She will retain Abate's pragmatic investment approach which allows for value and growth plays. Everly has also been responsible for covering financials, real estate, teleco...