Goodwin to leave Martin Currie at the end of the year

Duncan Goodwin, manager of the Martin Currie Global Resources fund, is to leave the firm at the end of the year.

The fund will be taken over by Ruairidh Stewart, who has been co-managing the fund since 2010; he will also take over the role of head of global resources. Following the announcement, Morningstar OBSR has placed the fund's Bronze rating under review on concerns over the manager change. The ratings agency said it "acknowledges the continuity offered by co-manager Ruairidh Stewart, who has been involved with the strategy since joining Martin Currie in 2007." However, OBSR added: "Nevertheless, Goodwin was a key architect of the product and the fund's rating was in part due to Morning...