Agency suspends funds’ AA ratings

Old Broad Street Research (OBSR) suspended the AA ratings of the Old Mutual Japanese Select fund and the Gartmore UK Focus Fund last week.


Old Broad Street Research (OBSR) suspended the AA ratings of the Old Mutual Japanese Select fund and the Gartmore UK Focus Fund last week. Old Mutual’s Japanese Select fund was suspended after it was announced that Leslie Jones is to retire in April. Gartmore’s UK Focus fund rating became a victim of job cuts after Ashley Willing, co-manager on the fund, left the group.