OBSR withdraws rating on Schroder income funds
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Old Broad Street Research has suspended the A rating on the Schroder income maximiser fund and AA rating on the firm’s income fund following the resignation of Ian Lance and Nick Purves.
The ratings have been suspended with immediate effect.
OBSR will meet with Nick Kirrage and Kevin Murphy, the new managers of Schroder Income to review the fund at the earliest opportunity.
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