Rayner Spencer Mills revamps ratings service to cover newer funds

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Rayner Spencer Mills Research (RSMR) has added three new tools to its ratings service, including the ability to rate new funds with less than a year's track record.

The group has developed a new fund analysis service for funds launched within the last 12 months which do not yet qualify for a formal rating. Its analysis will involve a detailed review of the fund manager and supporting team as well as an examination into the fund and overall proposition, RSMR said. It has also changed the way it profiles rated funds, to give advisers extra information on portfolios. On top of the regular reviews of all rated funds, RSMR will run an in-depth profile of a fund's strategy and management style to provide advisers with deeper insight into a particular f...

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