BlackRock UK Dynamic - Downgraded
Following a period of sub par performance we have reduced the rating on the Blackrock UK Dynamic fund to 4 stars. The fund under performed during the credit crisis due to its pro-growth stance, however, the manager subsequently failed to recapture the market rebound into 2009 and has since struggled. The manager’s longer term track record remains strong, consequently we have retained our rating but on a lower conviction basis.
Market latest
|
Index
|
Points
|
+/-
|
| FTSE 100 |
5907.26 |
0.29%
|
| FTSE 250 |
11196.00 |
0.02%
|
| FTSE All Share |
3049.10 |
0.25%
|
| FTSE Euro 100 |
2254.36 |
0.63%
|
| S&P 500 |
1347.05 |
0.20%
|
| Nasdaq |
2904.08 |
0.07%
|
| Hang Seng |
20699.19 |
0.05%
|
| Nikkei 225 |
9015.59 |
1.10%
|
Values delayed by at least 15 minutes.
Source: Financial Express