New S&P ratings for three funds

Standard & Poor's has assigned new ratings to three funds, handing out two A scores and one AA. JO ...

Standard & Poor's has assigned new ratings to three funds, handing out two A scores and one AA. JO Hambro Capital Management's Continental Europe fund was awarded the AA mark, with S&P Analyst Glenn Meyer praising manager Rod Marsden's "experience and pragmatism". "We are impressed by Marsden's commonsense approach to fund management and also with his good awareness of risk, which leads him to active topping and tailing of positions while still allowing winners to run without increasing stock-specific risk," says Meyer. S&P has handed A ratings to two Invesco Asian funds, the ASEAN Equi...