Square Mile removes Matthews Asia and Franklin fund ratings

Three new ratings awarded

Elliot Gulliver-Needham
clock • 3 min read

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...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Labour manifesto's lack of CGT clarity could potentially spark 'significant concern'
UK

Labour manifesto's lack of CGT clarity could potentially spark 'significant concern'

No mention of ISAs, EIS or SEIS

clock 13 June 2024 • 2 min read
UK jobs market cools despite strong wage growth
UK

UK jobs market cools despite strong wage growth

UK unemployment up to 4.4%

clock 11 June 2024 • 2 min read
Hargreaves Lansdown removes FSSA Japan Focus fund from Wealth Shortlist
UK

Hargreaves Lansdown removes FSSA Japan Focus fund from Wealth Shortlist

No longer 'commercially viable'

clock 03 June 2024 • 1 min read
Trustpilot