Square Mile Investment Consulting and Research has removed its rating for Edward Lam’s Somerset Emerging Markets Dividend Growth fund, ousting it from the firm’s Academy of Funds, in its latest ratings rebalance.
The Square Mile team, which conducted 121 interviews across 34 different asset management groups in September, also awarded Trium ESG Emissions Impact a new ‘A' rating, while it decided to retain its A ratings for Schroder Strategic Credit and the Schroder Sterling Corporate Bond funds after the firm's head of fixed income announced he is stepping down. Somerset hires Liontrust's Williams to take over Edward Lam's fund The rebalance, which awards funds either A, AA or AAA ratings based on their ability to deliver their objectives, also led to the reinstatement of Aegon Diversified Mon...
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