BlackRock has cleaned up in FE's latest Crown Fund Ratings rebalancing, with the BlackRock Sterling Strategic Bond fund one of the new entrants, and the overall group leapfrogging from eighth place to first place in terms of having the most 5 Crown-rated funds.
In the previous reshuffle in January, BlackRock had nine 5 Crown-rated funds, but this has since risen to 12, placing the firm in pole position and knocking Schroders off the top spot and out of the top ten. Tanvi Kandlur, senior fund analyst at FE, commented: "Many of BlackRock's funds have seen upgrades at this rebalance, reflecting the strong performance across the wide range of strategies the firm offers." Meanwhile, Liontrust is a new entrant to the top ten, with the newly rated Liontrust UK Micro Cap fund one of over 50% of the firm's funds awarded five Crowns in the latest reba...
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