Square Mile removes third Artemis fund rating in two months

Invesco regained rating following Causer and Read exit

Elliot Gulliver-Needham
clock • 2 min read
While Laurent Millet (pictured) had "refined parts of the investment process", conviction in the strategy had "waned"
Image:

While Laurent Millet (pictured) had "refined parts of the investment process", conviction in the strategy had "waned"

Artemis European Opportunities has lost its Academy of Funds rating following a review period sparked by the departure of co-manager Mark Page last October, the third offering from the asset manager to lose its rating in two months.

While analysts at Square Mile - which carried out the ratings - said that sole manager Laurent Millet had "refined parts of the investment process", their conviction in the strategy had "waned" and...

To continue reading this article...

Join Professional Adviser

 

  • 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

Abbie Llewellyn-Waters talks to Richard Romer-Lee

Talking with... Abbie Llewellyn-Waters

'The key is to think long-term'

Richard Romer-Lee
clock 10 August 2022 • 4 min read
Follows review of 550 funds

abrdn confirms plans to merge or close 100 funds

‘Subscale, inefficient or not aligned’

clock 09 August 2022 • 1 min read
Stephen Bird, abrdn chief executive

Growth ambitions delayed as abrdn profits drop and AUM shrinks

Investment performance weakens

James Baxter-Derrington
clock 09 August 2022 • 2 min read