Snowden wins AAA S&P rating

Steven Snowden's Old Mutual Corporate Bond fund has joined just four other UK credit portfolios with...

Steven Snowden’s Old Mutual Corporate Bond fund has joined just four other UK credit portfolios with a AAA rating in Standard & Poor’s latest review of the sector. Lead analyst at the group Kate Hollis said Snowden manages the fund with flair and conviction, aiming to add value by investing in undervalued securities with a catalyst to unlock the hidden value within a short period of time. “Recently Snowden has been focusing on issues that he expects will be repaid or bought back as a result of corporate actions and restructurings, such as Tyco, Taylor Woodrow and certain property debent...