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BlackRock Continental European Income fund retains Square Mile rating despite manager departure
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Square Mile analysts argued that the fund's rating should stand given co-manager Brian Hall will remain on the investment vehicle, thereby maintaining a «level of continuity». The analysts said they were reassured by Stuart Brown joining the fund as co-manager in Hall's soon-to-be absence. Brown joined BlackRock in July as portfolio manager for European equities and according to Square Mile, «the analysts know Brown well, having previously managed the abrdn Europe ex-UK Income equity strategy which was rated by Square Mile prior to his departure». Boutique Havelock retains spot as ...
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