Square Mile has removed the ratings of the Matthews Asia Dividend fund and Franklin UK Equity Income fund in its latest ratings round-up.
Analysts at Square Mile Investment Consulting and Research conducted 59 interviews with investment professionals from 34 asset management groups throughout September, leading to three new ratings being awarded, one rating suspended, one downgraded and two removed. The Matthews Asia Dividend fund saw its rating removed, which Square Mile said was due to the fund and its sector - Asia including Japan - not attracting "significant investor interest in recent years". However, Square Mile added that it had retained the Matthews Asia ex Japan Dividend version of this strategy at an AA rati...
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