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Square Mile suspends Keystone Responsible Change's 'Responsible A' rating amid rollover consultation
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In its Ratings Round-Up for August and September, Square Mile analysts argued that the KPC vehicle «has faced ongoing underperformance relative to its benchmark, and its net asset value has sat at a persistent discount to its share price, which has continued even as global equity markets have recovered». According to data from the Association of Investment Companies, the trust is currently trading at a 6.5% discount to net asset value. BlackRock Continental European Income fund retains Square Mile rating despite manager departure The board has spent the last year looking at a range...
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