RSMR adds Lightman fund and L&G index to rated list

This is the first time the research house has rated a Lightman fund, the company said. The LF Lightman European fund uses a value-focused investment approach, specialising in European equities. RSMR said it has rated the strategy because there are very few value-focused European equity funds available to UK investors and due to manager Rob Burnett's long-term track record of managing European equity funds both when he was at Neptune and now at Lightman. The fund's investment philosophy "is based on empirical research, looking for investment characteristics that have worked with the...