OBSR keeps Gartmore Euro fund ratings

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Old Broad Street Research has opted to keep its AA rating on two Gartmore funds, despite the group's ...

Old Broad Street Research has opted to keep its AA rating on two Gartmore funds, despite the group's recent change of manager. Roger Guy and Guillaume Rambourg's European Select Opportunities and Sicav Continental European funds are to be handed over to GAM's John Bennett early next year. The rating agency has suspended its A rating on Bennett's GAM Continental European Equity fund, on the news of his departure. GAM Star European Systematic Value fund manager Ross Hollyman is also set to leave the company, to join Liontrust next year and OBSR has suspended its A rating on this fund also.

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