S&P reviews global bond fund ratings

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Funds from Schroders, Legg Mason, Franklin Templeton and Goldman Sachs were among the few to be upgr...

Funds from Schroders, Legg Mason, Franklin Templeton and Goldman Sachs were among the few to be upgraded in Standard & Poor's' latest review of the Global Fixed Interest sector. Of the 51 vehicles reviewed, 38 remained unchanged while 11 were upgraded and two had their ratings reviewed downwards. Within the dollar unhedged part of the sector, the ratings agency said it raised the rating on the Templeton Global Total Return fund because, though its track record is short, it is encouraging, while the stable and experienced investment team has a consistent investment process. Within the sam...

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