BGF European Growth: Qual. Rating Updated
BGF European Growth has fared well so far under Constantis, but it’s not quite a compelling choice in our view.
"When Michael Constantis took over this fund in April 2007, it was his first stint in portfolio management. Considering the turmoil in the markets that followed shortly after, it is encouraging to see that he has held his own quite well. Constantis beat his average rival in the fund's Morningstar category in 2007, 2008, and 2009. While these results are promising, we think his experience running funds is still short, particularly relative to his colleagues on the European team."
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