Blackrock BGF Euro Bond: Qual. Rating Issued
We think BlackRock Euro Bond does what a bond fund should do, and does it well.
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"One of its strengths is manager Michael Krautzberger, who took over here in Oct. 2005. His experience is particularly relevant for this fund: He has managed global fixed-income portfolios before and is used to working as part of a large fixed-income team, having worked for DWS and Union Investment. He has also shown a reasonable length of tenure at previous employers, which adds to our confidence. Krautzberger is backed by BlackRock’s large and well-resourced bond team, which includes around 10 European credit analysts. The manager is able to draw not only on these analysts but also on BlackRock’s global fixed-income teams--a resource he uses to good effect. . . ."
The full four page pdf report can be accessed here. It is free to users of Morningstar.co.uk.