S&P awards F&C multi-manager funds A ratings

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The F&C Multi Manager Balanced, Multi Manager Cautious and Multi Manager Distribution funds, managed...

The F&C Multi Manager Balanced, Multi Manager Cautious and Multi Manager Distribution funds, managed by Richard Philbin, have all received A ratings from Standard & Poor's. This coincides with the first anniversary of two of the funds, F&C Multi Manager Cautious and F&C Multi Manager Distribution. S&P said: "Since Richard Philbin took over as head of the multi-manager team in September 2001, he has secured a significant turnaround in performance. Success has come from applying a disciplined approach in a consistent manner."

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