OBSR to award A rating to Insight Market Neutral fund

Insight Investment's Absolute UK Equity Market Neutral fund is being granted an A rating from OBSR. ...

Insight Investment's Absolute UK Equity Market Neutral fund is being granted an A rating from OBSR. This will add to the fund's existing A rating from Standard & Poor's. Gordon Phillips, head of business development at Insight, says the additional rating for the £111m fund will be a huge boost for the Absolute Return team. "It will increase the possibilities for that fund and it opens us up to a broader market," he says. Meanwhile, OBSR has downgraded two offerings: the Old Mutual Extra Income and UBS Smaller Companies funds. The Old Mutual fund has dropped from AA to A following ...