BGF Cont. European Flexible: Qual. Rating Issued

BGF Continental European Flexible has had a promising start under its new manager, but we need to see more of what he can do.

Muna Abu-Habsa | 27-01-10 | E-mail Article

We have published a new Morningstar Qualitative Rating and Research Report for BGF Continental European Flexible.

"Alister Hibbert took over here upon joining BlackRock from SWIP in March 2008. Hibbert was hired with seven of his SWIP colleagues, led by Nigel Bolton. Their addition has granted the BlackRock team greater stability, which was a notable weakness. In our opinion, Bolton's solid record at SWIP and successful background in reorganising teams were a good match for the task at hand. On joining, he unified the research process and established easier access to analytical data within the team. The firm does not host a dedicated research pool so Bolton aligned the managers along sector lines and they now share the research responsibility. This cohesive structure has enabled them to make better use of each other’s expertise."

The full four page PDF report can be accessed here. It is free to users of morningstar.co.uk

Muna Abu-Habsa is a Fund Analyst at Morningstar. She would like to hear from you, but cannot give financial advice. You can contact the author via this feedback form.
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