Morningstar and OBSR have harmonised ratings for 32 funds where there was a discrepancy between the two agencies.
A review following Morningstar's acquisition of OBSR in April found 37 UK-domiciled funds where there was a difference in opinion. The differences have now been resolved in all but five funds, and ratings have been adjusted on six non-UK-domiciled equivalent mandates. The two firms are also in the process of aligning ratings for OBSR Global Fund Ratings. Richard Romer-Lee, joint managing director of OBSR, says: "Since the acquisition, one of our first objectives has been to harmonise our UK fund ratings universe and ratings systems. "The review process has been very thorough, wi...
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