Platform interactive investor has removed BlackRock Frontiers Investment Trust from its Super 60 list of rated funds and placed two emerging market funds under review amid "performance concerns".
The firm said it thought its clients would be better off seeking exposure to frontier markets through a broader emerging markets vehicle that includes frontier nations in its investment universe, after finding funds solely focused on frontier markets had all underperformed their MSCI reference index over three and five years. That means it has taken the £228.8m BlackRock Frontiers IT, run by Sam Vecht and Emily Fletcher, off its buy list, noting the trust has lost almost a third in the three years to 31 August and gained 13.2% over five years, well below the MSCI Frontier Market index's ...
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