Analysts at Square Mile Investment Consulting and Research have removed Jupiter UK Alpha's 'A' rating following the news long-standing manager Richard Buxton will retire at the end of July.
The analysts said it had been a "difficult decision" to take away the rating, despite it being taken over by Ed Meier and Errol Francis, who have worked alongside Buxton for a number of years. The Square Mile team said it felt the fund's strategy to be "synonymous with Mr Buxton", and therefore felt they could "no longer support the fund's inclusion" within the Square Mile Academy of Funds. Richard Buxton to retire from Jupiter Elsewhere, the analysts downgraded the rating of the First Sentier Global Listed Infrastructure fund, taking it from an 'AA' to an 'A' rating, following a...
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