Standard & Poor’s Fund Services has removed from ‘On Hold’ and lowered to four stars from five stars its rating on the Perpetual Wholesale Concentrated Equity fund (CEF). We placed the fund ‘On Hold’ following Perpetual’s announcement that portfolio manager and head of equities, John Sevior, planned to take a six-month leave of absence from the... Read more continue reading
25
Jul
2011
Standard & Poor’s Fund Services today released its second batch of peer group ratings in its 2011 Australian Equities Large-Cap sector review for Income, Multi-Manager, Quantitative, and Unconstrained funds. We affirmed most ratings in the peer groups, but downgraded three funds, upgraded one, assigned one new rating, and removed one fund from ‘On Hold’, reinstating its... Read more continue reading
07
Jul
2011
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