The Credit Suisse Income and Monthly Income funds have been downgraded from AAA to AA by Forsyth-OBS...
The Credit Suisse Income and Monthly Income funds have been downgraded from AAA to AA by Forsyth-OBSR after Bill Mott stepped down as lead manager earlier this month. The ratings agency said while it is confident in former deputy manager Leigh Harrison's ability to maintain superior performance of the funds, it needs to see evidence of sustained outperformance before considering an AAA rating. Elsewhere, OBSR has withdrawn the suspended A rating on SocGen UK Income after Malcolm Murray took over management from Adrian Gosden and Nicola Horlick. Horlick has stepped back from her UK opera...
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