Six UK funds receive an upgrade

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The Merrill Lynch UK Dynamic fund has been given a frAAA (New) rating from Standard & Poor's Fund Re...

The Merrill Lynch UK Dynamic fund has been given a frAAA (New) rating from Standard & Poor's Fund Research on the strength of the track record of its manager, Peter Davies. The fund, which will be launched in November , is a UK-version of the Luxembourg-domiciled Mercury Offshore Sterling Trust and the frAAA (new) rating reflects the strength of Davies's track record. The Mercury OST United Kingdom fund has been upgraded from frAA to frAAA. Davies drew praise for his successful track record on the fund, his stock-picking abilities and management of the slump in valuations of technology ...

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