MS Sterling Corporate Bond: Qual. Rating Issued
Morgan Stanley’s Sterling Corporate Bond fund has several good qualities, but some important concerns prevent it from achieving more than a Standard rating.
"We like the reasonably sized, well resourced team running this fund. Christian Roth and Richard Ford have 21 and 14 years of experience in fixed interest investing respectively. Roth heads the London-based credit team of 11, comprising portfolio managers and analysts who have an average experience of nearly 9 years. Analysis of the European fixed income universe is split by sector rather than by credit quality and managers also have analytical responsibilities. Further, they have access to the resources of the global fixed income team for positions in global bonds. . . ."
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