gartmore UK & irish smaller companies failed to meet performance expectations, says OBSR
Ratings service Forsyth-OBSR has downgraded funds from Franklin Templeton, JPMorgan and Gartmore in its latest review, in addition to giving ratings to a further eight portfolios. The service has withdrawn A-ratings from the Gartmore UK & Irish Smaller Companies and the JPM UK Equity & Bond Income funds and removed both from its service. According to Richard Romer-Lee, research director at Forsyth-OBSR, Gartmore's fund, managed by Gervais Williams and Rob Giles, is in a competitive sector, and has failed to meet performance expectations, particularly in light of its ability to invest in Ir...
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