OBSR pulls New Star fund rating after De Blonay departure

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OBSR has withdrawn the £156m New Star Global Financials fund's ‘A' rating following the departure of lead manager Guy De Blonay last week.

OBSR has withdrawn the £156m New Star Global Financials fund's ‘A' rating following the departure of lead manager Guy de Blonay last week. The agency had said it would place the rating on hold pending a meeting with new manager Emily Adderson, who has co-managed the fund since 2006. OBSR says it will monitor Adderson's progress closely as she continues to build her fund management experience.  

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