OBSR pulls New Star fund rating after De Blonay departure

clock

OBSR has withdrawn the £156m New Star Global Financials fund's ‘A' rating following the departure of lead manager Guy De Blonay last week.

OBSR has withdrawn the £156m New Star Global Financials fund's ‘A' rating following the departure of lead manager Guy de Blonay last week. The agency had said it would place the rating on hold pending a meeting with new manager Emily Adderson, who has co-managed the fund since 2006. OBSR says it will monitor Adderson's progress closely as she continues to build her fund management experience.  

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

City minister Tulip Siddiq refers herself to government adviser on ministerial standards
UK

City minister Tulip Siddiq refers herself to government adviser on ministerial standards

Following recent anti-corruption probe

Linus Uhlig
clock 06 January 2025 • 2 min read
Revised figures show zero UK real GDP growth in Q3
UK

Revised figures show zero UK real GDP growth in Q3

Revised ONS figures

Sorin Dojan
clock 23 December 2024 • 1 min read
UK retail sales edge up by 0.2% in November
UK

UK retail sales edge up by 0.2% in November

Black Friday sales not counted

Sorin Dojan
clock 20 December 2024 • 2 min read
Trustpilot