In its second quarterly review of fund ratings, Forsyth-OBSR has reduced its rating on Robert Shelto...
In its second quarterly review of fund ratings, Forsyth-OBSR has reduced its rating on Robert Shelton's Newton Income fund from AAA to AA. The group has also removed ratings from the SG UK Growth fund following the departure of Peter Seabrook and from the Jupiter UK Growth fund following a lengthy period of underperformance. Of the decision to reduce the Newton fund's rating, Mike Harris, investment director of OBSR, said: 'In many ways, this was a difficult decision for the Forsyth-OBSR ratings committee. We took into account the strong team-oriented investment process at Newton, cou...
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