Blackrock BGF Euro Bond: Qual. Rating Issued
We think BlackRock Euro Bond does what a bond fund should do, and does it well.
"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.