RSMR's Rayner: Our main aim for 2016 is to advance our DFM research

Ratings agencies have come under heavy fire recently, with allegations of bias towards larger, more established fund providers, but Ken Rayner has defended these so-called 'gatekeepers' of the UK funds industry. He says his firm's ratings process deliberately looks to avoid such distortions, and instead focuses on the quality of a fund, rather than the size of its parent. However, Rayner cautions that sometimes it is worth waiting for a fund to gather more assets before assessing its performance. "We have always taken a view that when the fund is good enough, it is good enough, hen...