Gartmore emerging market fund gets rating boost

The agency says the fund is run with a “solid and clearly articulated investment philosophy’ and has confidence in fund manager Chris Palmer, for whom assets under management have more than doubled to $7bn since June last year. OBSR notes the fund can be managed quite aggressively, but recognises that this is counterbalanced by “a sophisticated portfolio construction and risk management process”. The process includes assessing the risk impact and liquidity implications of individual positions using dedicated software. The fund typically contains a relatively small number of holdings, bet...