FE has unveiled the results of its latest bi-annual Crown ratings rebalance, which has seen 11 newly-rated funds - including CF Woodford Equity Income - gain the highest five Crown accolade. Meanwhile, 25 offerings have jumped two or more crowns to the top rating.
T. Rowe Price emerged as the most improved group in terms of the number of funds upgraded to five Crowns. Nine of the group's funds have been upgraded to the highest rating, with two newly-rated funds - the T. Rowe Price Asian Opportunities Equity and Frontier Markets Equity - receiving five Crowns straight away. As a result, the group has risen into the list of the top five groups with the most highly-rated funds, boasting 11 five Crown vehicles in total. Openwork chooses T. Rowe Price to manage £500m US mandate Meanwhile, Old Mutual Global Investors (OMGI) also saw eight of it...
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