Allianz bond downgraded after poor performance

Forsyth-OBSR has downgraded the Allianz Pimco Sterling Total Return bond fund from an A to unrated, ...

Forsyth-OBSR has downgraded the Allianz Pimco Sterling Total Return bond fund from an A to unrated, saying the fund has not met its performance expectations. The service added the fund would be reassessed when it has gained Ucits III status. Similarly, the Standard Life UK Gilt fund has been withdrawn from the service, where previously it had an A rating. Standard Life AAA Income has also been downgraded from AA to A after the agency said it has failed to live up to its peers.