OBSR upgrades Shah and Woolnough funds

clock •

OBSR has upgraded both the £1.2bn M&G Optimal Income and the £2.8bn Fidelity Special Situations funds to AA ratings.

The ratings agency says Fidelity manager Sanjeev Shah, has demonstrated ‘a thorough and detailed knowledge' of the underlying stocks held in the portfolio and offered investors an uninterrupted transition in performance since assuming management from Anthony Bolton in January 2008. It also commended M&G's Richard Woolnough for his performance, experience and skill - while also lauding the benefit he draws from M&G's significant fixed income resources.

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Around 160 roles vacated

clock 23 September 2026 • 1 min read
Nine SJP funds flagged for underperformance in AoV despite improvements on last year

Nine SJP funds flagged for underperformance in AoV despite improvements on last year

89% of assets given green light

Alex Sebastian
clock 22 September 2026 • 2 min read
The human advantage in an AI-powered asset management industry

The human advantage in an AI-powered asset management industry

'AI should be used to enhance, not replace, human engagement'

Apiramy Jeyarajah
clock 22 September 2026 • 5 min read